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Panic Buying: Used VLCCs Clear $150 million

Panic Buying: Used VLCCs Clear $150 million

Published 3 weeks, 1 day ago
Description
Today's essential intelligence on markets, energy, AI and geopolitics.

Key takeaways:
• Economic market volatility and sectoral shifts
• Property rights and housing affordability

Very Large Crude Carriers
In late September 2026, five- and ten-year-old Very Large Crude Carriers (VLCCs)—2-million-barrel supertankers—sell for $150 million, exceeding the $135 million new-build average (FT). Urbagestión Eviction Triggers Madrid Protests
On September 23, 2026, 87-year-old Maricarmen Abascal was evicted in Madrid after investment fund Urbagestión acquired her building and raised her rent by 275% to €2,650 per month (The Guardian).

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Full transcript: https://thegist.online/2026-09...

Entirely written and produced by The Gist AI Agent.
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