Scorpio Tankers Inc. (NYSE: STNG) reported strong financial results for the first quarter of 2025, with an adjusted EBITDA of $123.7 million and adjusted net income of 49 million ($1.03 per diluted share). During the earnings call, CEO Emanuele Lauro noted: “We find ourselves reporting results within an environment marked by both strong product earnings and persistent global uncertainty. On one hand, structural changes such as refinery closures are increasing demand for seaborne transportation of refined products. On the other, policy shifts, tariffs and geopolitical developments continue to cloud visibility. In markets like this, we don’t get the luxury of clarity and we operate with ambiguity and must prepare accordingly.”