US Considers Easing Sanctions on Shadow Fleet Oil Tankers

The United States is considering easing sanctions imposed on oil tankers belonging to the "shadow fleet," German newspaper Handelsblatt and The Jerusalem Post reported.

According to an American official cited by The Jerusalem Post, the move is aimed at lowering maritime freight rates. Under the discussions, officials are weighing whether to permit the transport of "legal oil" aboard vessels that were previously subjected to economic sanctions.

Further details regarding the scope of the proposed relief have not yet been released.