EconomyUS to Repurpose Sanctioned Oil Tankers for Legitimate Crude Transport, Energy Secretary Announces
The US administration is enabling the repurposing of sanctioned oil tankers for legitimate crude oil transport, aiming to reduce energy prices. Energy Secretary Chris Wright stated that investors will buy and refurbish these vessels, moving them from a "bad-guy fleet" to a "good-guy fleet."
The National|October 19, 2026 