Shadow fleet sanctions: Can the EU act if the US pulls back?

The US is considering a plan to convert "dark tankers" into legitimate vessels, which would allow them to transport crude oil not subject to sanctions. This move could potentially undermine the EU's efforts to enforce sanctions on Russian oil imports, as the US is a key player in international sanctions. If the US pulls back, the EU may struggle to maintain its own sanctions regime, potentially leading to a surge in oil imports from Russia. This could have significant implications for the global energy market and the EU's economic stability.

Why it matters

The US may allow dark tankers to transport crude oil not subject to sanctions, which could increase Iran's oil exports. This could lead to a decrease in global oil prices and affect the global energy market.

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