Tankers: Market braces for further volatility, supply shocks in 2025
- Russia sanctions-led and post-pandemic demand boosts end and Red Sea tailwinds dissipate
- First round of tankers ordered on the back of booming profits begin delivery in 2025
Western regulators are to step up sanctions enforcement on Russia and Iran, having already designated more than 200 vessels in 2024 as a bifurcated energy commodities market was firmly established