CLAVE 1 / 4US energy secretary Chris Wright announces plan to move 1,600 shadow tankers into legitimate trade.
CLAVE 2 / 4Only 24 VLCCs of 160 OFAC-sanctioned vessels could realistically return to mainstream trading, per Kpler.
CLAVE 3 / 4Braemar estimates just 19 additional VLCCs may become eligible after excluding Iran and EU sanctions.
CLAVE 4 / 4War risk in the Strait of Hormuz, not vessel supply, drives freight costs six times pre-war levels.
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