Long-anticipated shadow LPG crackdown has arrived: will it matter?

“The Office of Foreign Assets Control’s recent sanctions targeting Iran’s LPG networks and oil enablers, as well as blacklisting shadow fleet vessels, have the potential to disrupt Iran’s LPG ‘dark fleet’,” said Jemima Shelley, senior research analyst at US pressure group United Against Nuclear Iran. However, as long as demand for Iranian LPG persists, the shadow fleet will continue to covertly facilitate exports, she said.