Analysts: Geopolitics sweetening a recovering tanker sector

Crazy, astronomical, unreal. Call the recent rally in the tanker market whatever you like, with the recent spate of geopolitical strife supercharging a sector already on the upswing, analysts told TradeWinds.

"It's been a tough decade," said BTIG analyst Gregory Lewis. "We were due for a little bit of a pick-up in rates just from the cyclical nature of this industry.