Source: Reuters
“President Donald Trump’s administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering the spread of weapons of mass destruction, sources familiar with the matter told Reuters. Trump has vowed to restore a ‘maximum pressure’ campaign to isolate Iran from the global economy and drive its oil exports to zero, in order to stop the country from obtaining a nuclear weapon. Trump hit Iran with two waves of fresh sanctions in the first weeks of his second-term, targeting companies and the so-called shadow fleet of ageing oil tankers that sail without Western insurance and transport crude from sanctioned countries. Those moves have largely been in line with the limited measures implemented during former President Joe Biden’s administration, during which Iran succeeded in ramping up oil exports through complex smuggling networks.” (03/06/25)