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Tankers and Gas Political Risk and Trade Geopolitics

Gloomy horizon for tankers with geopolitics and trade in disarray

  • Geopolitical tensions arising from Trump policies create uncertainty, potentially reshaping global oil trade flows and routes
  • Crude tanker demand may tighten in 2025 but weaken next year as trade normalises, while product tankers face reduced distances
  • Tanker asset prices and newbuild orders could decline as markets face headwinds from geopolitics and supply/demand imbalances

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Tanker shipping faces significant uncertainty from geopolitical tensions and evolving trade flows. Asset prices seem to have peaked with newbuilding deliveries set to accelerate from 2026

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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