The U.S. Treasury said on Thursday it is imposing new sanctions on individuals and tankers helping to ship millions of ...

President Volodymyr Zelenskiy said in an interview broadcast on Tuesday that Ukraine was prepared to proceed along a ...

Russia appears to be on the cusp of a debilitating oil-freight transportation problem because of US sanctions, writes ...

On the night of Dec. 15, 2024, two Russian oil tankers, Volgoneft-212 and Volgoneft-239, sank in the Kerch Strait, a narrow ...

Stamatis Tsantanis says demand for crude is declining and Iranian supplies can easily be made up for from elsewhere ...

Sepehr was designated in 2023 but the new sanctions go further by targeting the network underpinning Iran’s oil sales, ...

Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt ...

Russia's fleet of supply vessels now makes up just shy of a fifth of global oil tankers operating across the world.

Aframax and suezmax demand is likely to pivot more towards Turkey as Kazakhstan changes its crude export routing. Shipbroker ...

Some of the new exports have been going to California. But between May 2024 – when the expanded pipeline went into operation ...

The move follows Donald Trump’s pledge to bring crude exports to zero in a bid to curb Tehran’s nuclear ambitions.

Oil prices rose on Friday after the US slapped sanctions on individuals and tankers shipping Iranian oil to China. However, ...