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 ...

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

The first round of sanctions by US President Donald Trump against several ships carrying Iranian oil falls short of the “maximum pressure” policy that his administration promised, Bloomberg reports, ...

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

It represents more than a third of the roughly 600 ships in this fleet, which accounts for 70% of Russia's oil exports.

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

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 ...

The "shadow fleet" comprises often aging, uninsured ships that aim to evade sanctions on Russian energy exports.