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

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

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

"Had it continued for another 12 minutes, the carnage would have been much worse than the four basic cables that were there," ...

There was already a smallish shadow fleet of antiquated tankers carrying embargoed oil from Venezuela and Iran, but the ...

Oil shipping rates soar on U.S. sanctions on Russian fleet, boosting demand for tankers to load Middle East oil for Asia.

A tanker carrying Russian oil that was secured by German authorities last week in the Baltic Sea remains in German waters and a customs assessment is underway, a government spokesperson said in Berlin ...

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.

Police said they responded to the 600 block of East Kercher Avenue in Lebanon around 10 p.m. Saturday, Jan. 11. "An ...

Oil prices rose on Wednesday as the market focused on potential supply disruptions from U.S. sanctions on Russian energy ...

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.

The safety risks posed by unregulated oil tankers are rising, and the so-called shadow fleet is a threat to both the maritime environment and ...