Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
World
James C. Reynolds

Trump ‘could ease sanctions on Russian shadow fleet’ in desperate bid to reduce diesel prices

Donald Trump is reportedly considering lifting sanctions on Russia and Iran’s so-called ‘shadow fleet’ of oil tankers in a desperate bid to bring down diesel prices ahead of the November midterm elections.

A Treasury department official told the FT the administration was considering allowing the sale of blacklisted vessels to “legitimate” operators and lifting sanctions so they could trade in the global market.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.