Oil tanker rates continued to rise on Wednesday as concerns over further supply disruptions from US sanctions increased.

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.

According to IEA calculations, after the introduction of new US sanctions, about 160 tankers carrying 1.6 mln bpd of Russian oil in 2024 will fall under restrictions ...

Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on ...

Experts say new US sanctions on oil exports could have a serious impact on Russia's revenues and lead India and China to seek alternative supplies.

Nearly 500,000 metric tons of Russian oil products are trapped on tankers hit by U.S. sanctions, LSEG data showed on ...

The US sanctions-driven surge in crude tanker rates is being aided by the return of a rare tactic by traders and owners first ...

According to the Russian Emergencies Ministry, 2,147 square kilometers have been inspected in the Kerch Strait area ...

Indonesia, a new member of BRICS, is considering importing cheap Russian oil but faces challenges in complying with US sanctions.

The latest sanctions package would certainly have an impact on India’s oil imports, given Russia is currently the biggest ...

US sanctions on Russian oil tankers and companies are driving up demand for Middle Eastern oil and causing a surge in global tanker freight rates.