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US lifting sanctions on 'dark fleet' not expected to solve tanker crisis

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The National
“US lifting sanctions on 'dark fleet' not expected to solve tanker crisis”

Lifting sanctions on “dark fleet” or shadow fleet vessels is not expected to solve the tanker crisis engulfing oil markets while the Iran war continues and owners remain wary of sailing through the Strait of Hormuz and risking crews' safety. The US move “could provide some relief, particularly around the Arabian Gulf where tanker availability has been strained, but I wouldn't expect it to solve the current tanker crisis”, said Salih Yilmaz, senior industry analyst of energy at Bloomberg…

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