Teekay Tankers: A Strait Of Hormuz Play With Over 40% Of Market Cap In Net Cash

Group 1 - The Middle East is experiencing heightened tensions, particularly with Iran's parliament considering closing the Strait of Hormuz, a critical passage for 20% of the world's oil supply [1] - The Strait of Hormuz is a 33-kilometer-wide waterway that is vital for global oil transportation, emphasizing its strategic importance in the current geopolitical climate [1]