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The Trump administration is considering easing sanctions on shadow fleet tankers that were previously used to transport Russian, Iranian and Venezuelan oil in order to reduce high shipping costs.

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The Trump administration is considering easing sanctions on shadow fleet tankers that were previously used to transport Russian, Iranian and Venezuelan oil in order to reduce high shipping costs.

The Trump administration is considering easing sanctions on shadow fleet tankers that were previously used to transport Russian, Iranian and Venezuelan oil in order to reduce high shipping costs.

The proposal would allow sanctioned vessels to carry unsanctioned oil with approval from the U.S. Treasury, but officials say it will not benefit Russian oil exports.

Source: Reuters