Permian’s Pearl Harbor: a fleet of 20 tankers full of 40m barrels of Saudi oil is slowly making its way to the U.S. Gulf Coast, threatening to worsen an already historic oversupply of crude.https://t.co/f69GP4i9K5 pic.twitter.com/EHAIZWGaH0

— Adam Tooze (@adam_tooze) April 20, 2020