Oil prices were edging up as traders await more clarity on the effect of U.S. sanctions on Russia. Brent crude was up 0.4% at ...

Old tankers are damaging crucial subsea cables using their anchors. Analysts say it's likely deliberate.

Loughani, Secretary General of the Arab Energy Organization (AEO), formerly known as OAPEC, stated on Wednesday that the ...

Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian tankers, ...

Indonesia, a new member of BRICS, is considering importing cheap Russian oil but faces challenges in complying with US sanctions.

Biden moves to remove Cuba from state sponsor of terrorism list, while Havana will release 553 political prisoners. Read more.

The Kremlin said on Wednesday that European Union sanctions on imports of Russian primary aluminium would risk destabilising ...

The latest round of U.S. sanctions against Russian oil announced last Friday could significantly disrupt the country's oil ...

"We currently have to revise the schedule for growth of trade turnover, the flow of cargo along the Northern Sea Route considering all decisions taken by the company, and take the reality we work in ...

In a dramatic announcement just days before a leadership transition, President Joe Biden revealed plans to remove Cuba from ...

Eni has confirmed the vessel will soon relocate to another yard for integration and commissioning, with sailaway planned for ...

US sanctions on Russian oil tankers and companies are driving up demand for Middle Eastern oil and causing a surge in global tanker freight rates.