US plan to return sanctioned tankers to legal trade faces limited uptake
Briefing by News4U · First published
US unveiled a plan Monday to let sanctioned tankers sell and re-enter legal trade to ease oil prices ahead of midterms, but analysts say few ships will qualify.
The US plan, announced Monday, aims to let sanctioned tankers sell and rejoin legal trade to increase oil supply and lower prices ahead of midterms, but analysts say few vessels will qualify due to existing contracts, complex compliance checks and high freight rates. [1] [2]
US Energy Secretary Chris Wright said the scheme would allow blacklisted ships to be sold and re-enter the legal fleet without lifting broader sanctions. Industry experts note that only about 75 commercially viable tankers exist among 294 sanctioned vessels not sanctioned by the EU or UK, and 70 percent are over 20 years old. [2]
Sources
- 快讯
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