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

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

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

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

A 33,000-litre tanker carrying automated gas oil, otherwise known as diesel has fallen along the Onitsha-Awka-Enugu ...

CAIRO (Reuters) - Liberian-flagged crude oil tanker Chrysalis, which was attacked by Yemen's Houthis last year, sailed ...

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

Russian officials say rescue workers have successfully removed almost 1,500 tons of oil stranded onboard a tanker that ran ...

Two oil tankers hauling crude from Russia made U-turns as they sailed past France and are now at a standstill near the ...

Russia is using non-sanctioned vessels and rerouting others to keep oil exports going, maritime data shows, but risks sanctions on even more ships.

New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for ...

Donald Trump has reached an agreement with Mexico that could forestall tariffs on the neighbouring country that is America’s ...