💰 Korean magnate Ga-Hyun Chong unexpectedly found himself at the center of a very lucrative deal. A few weeks before the outbreak of hostilities, his company sent at least six empty supertankers to the Persian Gulf.
At first, the ships were just idle. But after oil exports through the Hormuz Strait sharply decreased, the situation changed.
Now the tankers are used as floating oil storage. They are rented out, and the cost of such a service has risen to $500,000 a day — almost ten times more than a year ago.