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Shadow Fleets Evade Sanctions, Fuel Oil Trade Boom

12/19/2025

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Story summary
  • Shadow fleets of ageing tankers with false flags evade sanctions on oil from Russia, Iran, and Venezuela.
  • In December 2025, at least 27 such tankers were reported near Singapore.
  • These ships frequently change flags and falsify registration to avoid detection and carry sanctioned oil.
  • Authorities respond with inspections and sanctions to curb these operations.
  • Russia benefits from the trade, and India is the largest importer via shadow tankers.