M
Matt Wright
1
APPEARANCES
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Oct 16, 2026
The impact of softening US sanctions on tanker rates
2:33
2:47
4:14

Craig EasonHOST
How, how do you see the tanker markets going on? Because you had a webinar, uh, a few days ago, and I got the impression that there were some people on the webinar that thought this was gonna be a new normal.
Matt WrightGUEST
Yeah, um, and, and to some extent, you know, there's some elements to the market which may become the new normal but, you know, the, the current rates we've got, I think just focusing on VLCCs, you know, we're in the high 30s whether you're looking Mideast Gulf China or, or US Gulf China, um, which are, are exceptionally high.

Craig EasonHOST
But what's your take on that? Do you think this, uh, this relief, um, to allow tankers to carry sanctioned diesel is gonna have any impact?