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Strait of Hormuz crisis Sanctions Risk and Compliance

Iran’s shadow fleet exercising caution, but has not completely abandoned market

  • Shadow fleet tankers are waiting in the Arabian Sea after approaching the Middle East Gulf
  • Cluster of vessels grouping around Karachi, Pakistan and Duqm, Oman
  • Many will be weighing up whether the risk of entering the MEG is now worth the reward
  • Three tankers, traceable with AIS, are actively sailing on the return voyage to Iran despite the blockade

  • Analysis

Nearly 20 shadow fleet tankers have stopped just outside the US blockade line or are diverting on the approach, appearing to be waiting and weighing up their options

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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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