Washington considers easing sanctions on Shadow Fleet
The administration of U.S. President Donald Trump is studying the possibility of easing sanctions on ships from what is known as the "Shadow Fleet," with the aim of increasing options for transporting oil and petroleum products and reducing rising maritime shipping costs, especially amidst energy market disruptions in the Gulf region and increasing transportation expenses. Currently, some of these ships are permitted to operate due to the absence of sanctions restrictions, provided they obtain U.S. approvals, without fully lifting sanctions on Russian or Iranian oil. This move is considered an attempt to improve energy flows and lessen pressure on oil prices, despite challenges related to manufacturing, maintenance, and insurance. A final decision is yet to be announced, and its impact will depend on the final terms and the response of the companies involved.
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