International Seaways is trading at €91.55 (-6.39%) as reports of possible U.S. easing of shadow-fleet sanctions raised concerns about additional vessel supply and softer freight rates.
- Reuters reported freight futures had fallen after the news, while Lloyd’s List described pressure on crude-tanker stocks.
- No new company-specific announcement explaining the decline was identified; the reported catalyst is industry-wide, and the proposed policy change remains uncertain.