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High tanker rates may persist despite possible sanctions relief

25 October 2026
2 sources

Reintroducing some previously sanctioned tankers into lawful trades could add capacity, but maritime analysts expect only limited relief for freight rates.

The possible return of sanctioned oil tankers to the market is unlikely to bring a rapid fall in elevated freight rates. Analysts warn that any increase in available tonnage may be limited, while operating such vessels could create additional safety, insurance and sanctions-compliance risks.

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