The chokepoint moves ashore

AI Summary

A new U.S. sanctions law targeting Russia and Iran shifts pressure from tanker operators toward the customers who buy their cargoes, according to the article. The policy is expected to constrain the shadow fleet’s market and leave it serving a narrower pool of buyers.

Washington’s new Russia sanctions law stops chasing tankers and starts pricing their customers. The shadow fleet will not vanish it will shrink to serve a single buyer. On 18 September, President Trump signed the Lindsey O. Graham Sanctioning Russia and Iran Act, and the logic of the campaign changed. The pressure point is no longer […] The post The chokepoint moves ashore appeared first on Container News.