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Strait of Hormuz shipping remains severely constrained despite mine clearance
OilPrice.com·US · IR·3 days ago
Russia is re-flagging its shadow fleet tankers to domestic registries to mitigate the impact of increasing Western detentions. This shift aims to provide state-backed protection for oil exports but complicates international maritime compliance and increases operational risks for the vessels. It remains uncertain whether this move will effectively bypass sanctions or invite more aggressive enforcement actions.