How Sanctioned Oil Reaches Global Markets

Sanctions are meant to choke off oil supply, but a hidden fleet is covertly keeping prices lower than they should be. The shadow fleet is a concealed network of tankers that move sanctioned oil. The vessels operate by obscuring locations, routes and even ownership.This keeps illicit crude flowing despite enforcement pressure. The shadow fleet can also be referred to as the dark fleet, because the vessels turn off their locations to hide their illegal activity. That could be going to a port to either fill th ...