DHT Holdings said Donald Trump’s return to the White House should prove “constructive” for the VLCC sector, as it reported better-than-expected third-quarter earnings.
The New York-listed tanker owner said the US election results might lead to a tightening of sanctions that could put pressure on Iran’s oil exports — which could be replaced by other Middle East producers.
And it said Trump could reverse some decarbonisation regulations, boosting medium-term demand for fossil fuels, in addition to pro-drilling policies that could lift US production and exports.
