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Dozens of Oil Tankers Drop Anchor
Dozens of oil tankers drop anchor after latest US sanctions bite
At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions package on Jan. 10, ship tracking data showed on Monday.
U.S.-Sanctioned Russian Tankers Moved More Than 20% of Seaborne Oil Exports
Russian tankers targeted by the latest round of U.S. sanctions moved more than a fifth of the Kremlin's seaborne exports last year, according to the International Energy Agency. "The new U.S. sanctions issued are intended to substantially reduce export revenue from the Russian oil sector,
Oil Freight Traders Pile In as Russia Sanctions Push Rates Up
Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia continued to propel supertanker rates higher.
4h
on MSN
Tanker rates extend rally on sanctions, demand to load Mideast oil, products
Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on ...
11h
on MSN
Finland had 12 minutes left to stop a Russia-linked oil tanker from dealing 'much worse' damage to its undersea cables, president says
"Had it continued for another 12 minutes, the carnage would have been much worse than the four basic cables that were there," ...
1d
Oil Tanker Rates Soar as Biden Sanctions Threaten Market Chaos
Oil tanker rates jumped on Monday as the Biden Administration’s sanctions on Russia’s petroleum trade threaten to cut the ...
2d
Oil tanker sabotage crew were poised to cut more cables when caught, Finland says
Russia's military on Tuesday said it would retaliate against Ukraine after Kyiv attacked Russian regions by firing six ...
4d
on MSN
Oil Disaster Averted After Sabotaged Tanker Is Salvaged
The Greek-flagged, Sounion was first attacked on Aug. 21 with small arms, projectiles, and a drone boat by the Iran-backed ...
4d
on MSN
Germany calls a Russian oil tanker adrift in the Baltic Sea a threat to security
An oil tanker believed to be part of Russia’s efforts to evade sanctions went adrift and had to be towed by a German tugboat ...
Crude Oil Prices
53m
India Races to Settle Payments for Russian Oil Before U.S. Sanctions Bite
Indian refiners are aiming to settle payments for Russian oil much faster to avoid complications from US sanctions.
1d
on MSN
The Czech Republic ends its energy dependence on Russian oil imports
The Czech government says the country has boosted its energy security by completing a project to finish its dependence on oil ...
WGAL
5h
Lebanon County mother accused of handcuffing 11-year-old to basement oil tank
Police said they responded to the 600 block of East Kercher Avenue in Lebanon around 10 p.m. Saturday, Jan. 11. "An ...
10h
on MSN
Tanker rates extend rally on sanctions, demand to load Mideast oil
Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on ...
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