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        <title>Over a thousand "dark fleet" tankers sell sanctioned oil. And nobody really wants them to stop.</title>
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        <description>The world's shadow fleet is growing, despite heavy sanctions and occasional seizure by Western militaries. In 2025, 3.7 billion barrels of oil were hauled from sanctioned energy producers on dark fleet ships, mostly to markets in Asia. Tracking, boarding, and seizing vessels on the open seas requires highly specialized teams and expensive equipment, and so successful operations are rare, and well publicized. But today's shipping industry cannot meet current demand, and shipyards are years behind. Western economies and politicians are struggling with record-high prices for shipping and refined fuels.  Despite rhetoric to the contrary, have no choice to but leave the dark fleets alone. Closing scene, Lujiazui, Shanghai Resources and links: https://x.com/DeptofWar/status/2020833550488965503 Iran-Linked Oil Tankers Seized by US Navy Now Headed to U.S. Coast https://energynewsbeat.co/crude-oil/iran-linked-oil-tankers-seized-by-us-navy-now-headed-to-u-s-coast 1,300 Tankers Outside the System — How the Shadow Fleet Repriced the Ships That Stayed http://fairwayeta.com/insights/shadow-fleet-1300-tankers-outside-the-rules-2026 The 900-Ship Arithmetic — Why the VLCC Fleet Is Smaller Than It Looks https://www.fairwayeta.com/insights/vlcc-fleet-deep-dive-age-orderbook-supply-2026 The Next Inflation Shock: $1 Million-a-Day Oil Tankers https://www.bloomberg.com/opinion/articles/2026-09-21/oil-market-the-1-million-a-day-oil-tanker-will-drive-inflation  because we have a shortage Statement of Chairman Louis E. Sola: Chinese Maritime Influence and Iran’s Shadow Fleet Threaten Global Trade Stability https://www.fmc.gov/ftdo/statement-of-chairman-louis-e-sola-chinese-maritime-influence-and-irans-shadow-fleet-threaten-global-trade-stability/ Hong Kong and the Shadow Fleets https://www.wsj.com/opinion/hong-kong-and-the-shadow-fleets-93dec994 The results and limits of European states' interventions against the Russian shadow fleet https://pism.pl/publications/the-results-and-limits-of-european-states-interventions-against-the-russian-shadow-fleet Shipping Adds $26 Per Barrel to Cost of Oil https://mishtalk.com/economics/shipping-adds-26-per-barrel-to-cost-of-oil/ House Flip? Senate Hold? Prediction Markets Unleash Wild 2026 Midterm Election Bets https://news.bitcoin.com/house-flip-senate-hold-prediction-markets-unleash-wild-2026-midterm-election-bets/ Fox News Power Rankings: What’s in an economy? https://www.foxnews.com/politics/fox-news-power-rankings-whats-economy</description>
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