The forecast for the crude tanker market suggests moderate cargo volume growth by the end of 2023, with tonne miles expected to increase significantly. Anticipated growth in 2024 and 2025 is influenced by rising sailing distances. Factors such as global oil supply dynamics, particularly actions by Russia and Saudi Arabia, impact transportation demand. While Asia Pacific shows strong oil demand growth, the Americas face a decline, indicating market imbalances. The article delves into shifts in crude and product tanker flows, highlighting the impact of G7-led sanctions on Russian oil. Economic projections, oil demand patterns, and geopolitical risks contribute to the complex tanker market landscape. Despite challenges, the tanker market remains resilient, with expectations of solid income for owners and operators in the coming years.