US sends seized shadow fleet tankers for scrap

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US sends seized shadow fleet tankers for scrap

AI Summary

The US has begun scrapping aging oil tankers seized as part of sanctions enforcement against oil trades linked to Russia, Iran, and Venezuela. This marks a physical escalation in the US campaign against sanctions evasion and shadow fleet activities.

The US has begun disposing of ageing tankers seized during its widening campaign against sanctions-busting oil trades, with vessels linked to the shadow networks serving Russia, Iran and Venezuela being channelled towards demolition rather than allowed back into circulation. The move represents the next stage of Washington’s increasingly physical approach to sanctions enforcement. US military …

Security Politics Markets Commodities Shipping US sanctions oil tankers shadow fleet Russia Iran Venezuela sanctions enforcement shipping scrapping

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