Imperial Petroleum Inc. (IMPP) Q1 2025 Earnings Conference Call Transcript

Core Insights - The first quarter of 2025 was marked by significant operational and financial developments for Imperial Petroleum, influenced by U.S. tariffs, sanctions on tankers related to Russian oil, and USD port fees on Chinese-built vessels [4] - The geopolitical landscape, particularly the ongoing Russian-Ukraine war, contributed to volatility in tanker rates, with a notable softness in day rates at the beginning of the quarter, followed by a market recovery in March [4] Financial Performance - Despite a challenging start to the year, Imperial Petroleum managed to leverage the market recovery in March, resulting in another profitable quarter [5]