Trump's Iran exit triggers uncertainty among shipowners

Donald Trump's announcement that the US will reinstate sanctions on Iran creates uncertainty among shipowners. "The consequences are not clear at this point," Maersk CEO Søren Skou tells ShippingWatch.

Photo: Ritzau Scanpix/Nicholas Kamm

Shipping companies and the market in particular must now contend with yet another uncertainty in a market that is already strained.

US President Donald Trump's announcement Tuesday that the US will withdraw from the Iran nuclear accord and reinstate sanctions against the country is sending shock waves through the tanker sector as well as other parts of the shipping sphere.

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