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

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

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

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

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 ...

Beijing elected to slap 10% fees on US crude oil, among other products, following the decision from US President Donald Trump ...

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 ...

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

At the end of February, US sanctions will come into force against more than 160 tankers that transported Russian oil. To ...