Risk Wire › 22 Sep 2026
Daily brief
Risk Wire — 22 September 2026
Supertanker earnings above $1.2 million a day are trickling down through the whole fleet as Saudi Arabia reopens the Red Sea port of Yanbu, while carbon-removal purchases are on track to fall from a record even as the world blows past the 1.5C target.
Oil / Products
Sourced from Bloomberg’s Energy Daily.
Very large crude carriers sailing from Saudi Arabia to Asia are now earning more than $1.2 million a day, up from last year’s roughly $58,000 average, with the record rates trickling down to smaller Suezmax and Aframax tankers too. — Bloomberg
Risk lens: Bullish (tanker freight costs) — record earnings cascading down the fleet are pushing up landed crude costs broadly, not just on the routes running through Hormuz.
Saudi Aramco informally told several Asian refiners they will soon be able to resume picking up oil from the Red Sea port of Yanbu, where loadings had halted after a pipeline attack. — Bloomberg
Risk lens: Bearish (Red Sea supply premium) — a resumption at Yanbu would restore a Hormuz-bypass route that had been off-line, easing some of the chokepoint-driven scarcity.
Carbon
Sourced from Bloomberg’s Green Daily.
Carbon removal credit purchases have totaled just 23 million so far this year through mid-August, against 70 million for all of 2025, even as the UN confirms the world is on track to blow past the 1.5C warming target. — Bloomberg
Risk lens: Bearish (carbon-removal credit demand) — a sharp drop in purchases just as the world needs more large-scale removal points to a widening funding gap for the technology.
Headlines are summarised in our own words for comment and analysis, with attribution and a link to the original publisher. Indicative only — not investment advice.