The Shadow Fleet is a clandestine network of aging oil tankers utilized by sanctioned nations, including Russia, Iran, and Venezuela, to transport petroleum covertly. By operating outside of standard regulatory frameworks, this fleet enables these countries to bypass international trade restrictions and maintain oil exports.
“We will probably see a complete dismemberment of the Shadow Fleet over the course of the next several weeks.”
“The Shadow Fleet is over a thousand ships and there are not enough port facilities in the world to take them all.”
“We're looking at the entire shadow fleet being wrapped up here in a matter of weeks to a few months. Which will generate an entirely new energy market on a global basis.”