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A flagless fleet is threatening the seas

Financial Times LogoFinancial Times13h ago

A flagless fleet is threatening the seas - Financial Times

Quick Summary:

Well-entrenched workarounds have evolved over the past few years to avoid exposure to the US financial system, while shipowners, traders and charterers use regulatory arbitrage and operational subterfuge to move Iranian cargoes.

More than half of all tankers shipping Iranian petrochemicals are now under sanctions by western countries.

Chinese refineries source about one-third of imported crude from Russia and Iran, undermining US President Donald Trump’s “maximum pressure” campaign against Iran and defying G7 sanctions against Moscow.


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Article Details

Author / Journalist: Michelle Wiese Bockmann

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-22 @ 16:56:25 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 670 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 28912076

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 14 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

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The story "A flagless fleet is threatening the seas" was covered 13 hours ago by Financial Times, a news publisher based in United States.

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Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news.

The outlet is headquartered in United States and publishes an average of 14 news stories per day.

It's most recent story was published 11 hours ago.

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