The Energy Show

OIL'S SHADOW FLEET

March 4, 2026·16 min
Episode Description from the Publisher

Russia, Iran and Venezuela have built a shadow fleet of tankers to secretly move oil and gas around the globe. Today you will discover why the shadow fleet is growing, and if Trump's attempts to disrupt it are working. Tomer Raanan from Lloyd's List joins Mike. SHOW NOTES: 00:58: What Is The Shadow Fleet? 2:04: How Many Tankers Comprise The Shadow Fleet? 2:53: How Does The Shadow Fleet Evade Detection? 4:53: What Dangers Does The Shadow Fleet Create For Legitimate Tankers? 5:40: What Does Oil Cost When Obtained From The Shadow Fleet? 7:32: Is Trump's Plan To Disrupt The Shadow Fleet Working? 8:40: Who Owns The Shadow Fleet? 10:28: When A Shadow Tanker Is Commandeered, Who Owns The Cargo? 11:57: Is Trump Using The Shadow Fleet To Change Cuba's Government? 13:05: What Countries Are Actively Disrupting The Shadow Fleet?

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