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A partial easing of US sanctions on Venezuela on humanitarian grounds could pump Caribbean-loading cargoes into the Aframax and Suezmax markets, reviving the traditional local and long-haul Caribbean-loading routes. Uncertainty on the Biden administration’s approach to sanctioned oil-producing countries leaves the Americas dirty tanker market awaiting signals reversing previous administration policies. By Nicole Baquerizo, Catherine Wood and Barbara Troner, Full Text -> S&PGlobal
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