What’s lurking in the shadow fleet?
From Trade Finance Talks by Trade Finance Global
February 4, 2026 · 17 min · Episode 185
About this episode
The episode discusses Russia's expansion of its shadow fleet of tankers to circumvent Western sanctions in the global oil trade.
Russia has rapidly expanded its “shadow fleet” of ageing, poorly regulated tankers to bypass Western sanctions, now accounting for a significant share of global seaborne oil trade.
Topics covered
- shadow fleet
- sanctions
- oil trade
- tankers
- Russia
Keywords
- shadow fleet
- Russia
- sanctions
- oil trade
- tankers
Mentioned in this episode
Organizations: Russia
Places: Western, global
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