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

President Volodymyr Zelenskiy said in an interview broadcast on Tuesday that Ukraine was prepared to proceed along a ...

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

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

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

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

Aframax and suezmax demand is likely to pivot more towards Turkey as Kazakhstan changes its crude export routing. Shipbroker ...

Footage shows Russian divers inspecting the wreckage of a sunken tanker in the Black Sea and addressing the damage caused by ...

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

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

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, ...

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