Oil Piracy Introduction: A Sea of Crude with Nowhere to Go In the complex dance of global oil markets, the price of a barrel is not just set by OPEC+ meetings or economic forecasts. Today, a significant and growing portion of the world’s crude supply is caught in limbo—literally afloat . This floating armada of tankers, acting as makeshift storage, is a direct symptom of the geopolitical fractures that have reshaped energy flows since the pandemic. While the 2020 crisis was d