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@Simoncuocuo · 2026-10-15 12:32
**U.S. weighs easing "shadow fleet" tanker sanctions to cut record shipping costs, as two ships sink near Hormuz; Brent slips $1.4** Oil prices fell more than $1 in early Thursday trade as investors weighed Hormuz attack risks against a possible U.S. sanctions shift. A U.S. official said Wednesday the Trump administration is considering easing sanctions on "shadow fleet" vessels that carried oil from Russia, Iran and Venezuela, to bring down record-high shipping costs — talks center on allowing "legal oil" to move on previously sanctioned ships. In the past 24 hours, a container ship and a dry bulk carrier both sank near the Strait of Hormuz after being hit by projectiles, with attacks surging over the last ten days. Brent crude fell $1.39 to $104.67 a barrel, and WTI $1.02 to $94.07. Sources: Reuters.
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