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Trump Team Weighs Sanctions Easing for Oil Tankers

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Story summary
  • President Donald Trump’s administration began discussing easing U.S. sanctions on vessels that carried sanctioned oil on Oct. 15, 2026.
  • Analysts say the move will likely do little for tanker shortage because many ships lack certification and insurance.
  • Analysts estimate only about 24 of those vessels could rejoin global trade after excluding Iran-owned ships.
  • A U.S. official said easing sanctions individually could permit ownership transfers to legitimate operators, potentially lowering shipping rates.