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.

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

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

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 ...

Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia ...

The Czech government says the country has boosted its energy security by completing a project to finish its dependence on oil ...

The new U.S. sanctions mean an estimated 35% of 669 shadow fleet tankers involved in shipping Russian, Venezuelan and Iranian oil have been hit with sanctions by either the U.S., the U.K. or European ...

The size and scope of new U.S. sanctions on Russia sent oil prices spiking on Monday, and both Brent and WTI have retained ...

The Group of Seven democracies has sought to crimp Russia’s oil export earnings that help fund the war against Ukraine.

Russia's vast Arctic oil business is facing major disruption from U.S. sanctions on its tankers and depots, stranding crude ...

Dozens of oil tankers have dropped anchor following the Biden administration's sanctions against Russia's shadow fleet.