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Tankers to feel limited impact from Suez Canal shutdown

Given that just 5% of the tanker trade moves via the Suez Canal, both product and crude tanker segments are only likely to make an impact on the delivery schedules if the situation is not resolved soon

If the blockage is prolonged, Wood Mackenzie expects oil product trade flows from Europe and the Mediterranean to the East of Suez to suffer a greater impact, reducing the availability of naphtha, petrochemical feedstocks and fuel oil to Asia

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