The Trump administration is considering easing sanctions on shadow fleet vessels that carried oil and petroleum products from Russia, Iran and Venezuela, aiming to reduce record-high global freight rates, a US official said. Talks focus on allowing 'legal oil' not sanctioned by Washington to move on previously sanctioned ships, with companies required to apply to the Treasury Department to use them. The discussions follow Trump's temporary lifting of sanctions on Russian diesel through April 7, which drew criticism from Ukrainian President Volodymyr Zelenskiy, European countries and some Republican senators. Tanker rates have surged as the wars in Iran and Ukraine stoked inflation and pushed Asian refiners toward Middle East and Latin American crude. Energy Aspects said easing the restrictions would not greatly affect freight rates, though it could free a small number of tankers for Strait of Hormuz runs.
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Related tickers and likely impact
PVT
▲ Likely positivePVTrans
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Industrial Goods & Services |
| Industry | Marine Transportation |
| Market cap | 12,225 bn VND |
| P/E | 8.6 |
| P/B | 1.29 |
| Close on 10/15/2026 | 23.65 |
| Change that session | -4.25% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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