The vessels under the latest U.S. sanctions include nine tankers that loaded oil products at Russian Baltic and Black Sea ports in December and January. Four of them - Cup, Aquatica, Turaco and Onyx - ...

The U.S. Treasury Department says it’s expanding the web of sanctions on companies and institutions supporting Russia’s war ...

WASHINGTON (Reuters) - The United States issued new Russia-related sanctions on Wednesday targeting multiple individuals, a ...

There was already a smallish shadow fleet of antiquated tankers carrying embargoed oil from Venezuela and Iran, but the ...

For peace to prevail, a compromise needs to be reached not only between Russia and Ukraine but also between the US Trump-led ...

After months of weaker growth, oil demand picked up in the fourth quarter of last year, rising by 1.5 million barrels a day--the strongest since the fourth quarter of 2023. Demand growth in 2024 was ...

Tanker owners are cashing in on the sanctions-fuelled rate rally, and no one as much as George Economou. The Greek magnate’s ...

In less than a week, the Biden White House has sanctioned Russian oil producers and ships, restricted semiconductor chip ...

The outgoing Biden administration fired a parting salvo of enhanced sanctions at Russia last Friday, January 10. In so doing, ...

“Russian oil sellers are likely to adapt by using non-sanctioned tankers or ship-to-ship transfers,” Kpler added. “But ...

Oil tanker rates continued to rise on Wednesday as concerns over further supply disruptions from US sanctions increased.

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