US trader bets $2bn on tankers as Hormuz risk reroutes crude flows

A US oil trader is committing $2bn to tanker charters, betting that persistent Strait of Hormuz disruption will keep freight rates elevated and force Asian refiners to pay up for alternative supply. The move signals sustained market dislocation rather than a quick resolution, with diesel shortages adding inflationary pressure. Uncertainty remains over how long the security response will take to restore normal shipping lanes.