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Mmastodon EnvironmentEnergy first seen 4 d ago, last 4 d ago, peak #1

US plans to legitimize some 'dark fleet' tankers, says Chris Wright

Original: US Energy Secretary Chris Wright says the US will turn some "dark fleet" tankers, the old, opaquely owned ships that mov

US Energy Secretary Chris Wright says the United States will convert some 'dark fleet' tankers — aging, opaquely owned ships that carry sanctioned Russian, Iranian and Venezuelan crude — into legitimate vessels legally able to transport oil. Under his proposal, investors would refurbish selected ships and bring them into the sanctioned market, a striking shift in how Washington approaches the shadow tanker fleet.

Why now: The Energy Secretary's proposal to legitimize ships long associated with evading US sanctions is an unusual policy shift drawing attention.

Chris WrightUnited StatesRussiaIranVenezuela

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