An oil tanker that burned for weeks in the Red Sea and threatened a massive oil spill has been “successfully” salvaged ...

OFAC is the Office of Foreign Assets Control, the arm of the US Department of the Treasury tasked with maintaining the ...

An oil tanker that burned for weeks in the Red Sea and threatened a massive oil spill has been “successfully” salvaged, a ...

Oil refiners in India and China have increased crude purchases from the Middle East and other regions amid concern that ...

Nearly 19m dwt-worth of VLCCs are under US sanctions, with more likely on the way. ABG Sundal Collier analyst Petter Haugen ...

Indian firms see a major disruption of Russian oil supplies as Washington imposes new sanctions to curb Moscow's revenues, ...

As less oil is likely to be available from Russia due to Western sanctions, Indian refiners have started to make up the ...

According to reports, the eight oil tankers affected by the ban each have a capacity of 2 million barrels, meaning a total of ...

Iran is reeling from a cratering economy and stinging military setbacks across its sphere of influence in the Middle East ...

Israel’s army confirmed Friday that one of the bodies recovered from Gaza earlier this week was that of 23-year-old hostage ...

Iran is seeking to reclaim approximately 25 million barrels of its oil, valued at $1.75bn (IR73.65trn), which have been held ...