Reuters disclosure; Trump seeks to reduce Iran's oil embargo

A western media revealed that the US is looking to reduce the sanctions on the shadow fleet of some countries, including Iran.

According to Ambassador Arjan's report, he claimed: America is considering reducing the embargo on shadow fleet ships in order to reduce unprecedented transportation costs in the world.

Ambassador Arjan: Donald Trump's administration is investigating the reduction of sanctions on the so-called shadow fleet that transport oil products and petroleum products from countries such as Russia, Venezuela and Iran.

Reuters quoted an American official and added: The purpose of this action of the President of this country is to reduce the unprecedented costs of transportation at the global level.

Discussions in this field have been raised a few days after Trump decided to temporarily cancel the embargo on Russian diesel.

Trump's decision to cancel the Russian diesel embargo was met with a flood of criticism from Ukrainian President Vladimir Zelensky, European countries and some of his fellow Republicans in the US Senate, and Zelensky and American senators described this action as a gift to Russian President Vladimir Putin, which provides Russia with a new source of revenue to finance its war with Ukraine.

The mentioned American official told Reuters: New negotiations to reduce the sanctions have been carried out, centered on the possible US permission to what is described as "allowed oil". It means crude oil or oil products that have not been sanctioned by Washington and does not include oil from Russia and Iran, which are subject to US sanctions.

Reuters quoted this official and added: The goal is to achieve more refined oil production and crude oil from the Persian Gulf region.

According to a report by a research group called Energy Aspects, US Secretary of Energy Chris Wright, in a video he released this week at the World Petroleum Congress in Riyadh, said the US government is negotiating to reduce sanctions on the shadow shipping fleet in order to reduce shipping rates.

The high price of oil and fuel is considered a risk for Trump in the November 3 mid-term elections in which Republicans hope to maintain control of both houses of Congress. Trump recently canceled the sanctions related to Russian diesel until April 7th (April 18).

Tanker transportation rates have increased to unprecedented levels; Because the wars in Iran and Ukraine have exacerbated inflation and made American crude oil unavailable to Asian refineries. This has forced refineries to look for alternatives from the Middle East and Latin America.