Industry officials maintain that enough oil supply is available in the global market and replacing the lost Russian oil ...

Activists say the spill - caused after two ships ran were battered by a storm - could cover an area of 400 sq km.

A growing portion of Russia's oil tanker fleet is being forced to reflag as U.S. and U.K. sanctions intensify pressure on ...

Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of vessels after fresh U.S.

Iranian cargo ships allegedly carrying chemicals to make missile propellent are setting sail from China to deliver the shipment to Tehran's army.

A chunk of Russia’s oil tanker fleet is being forced to change the flag they sail under as US and UK sanctions heap pressure ...

Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of ...

Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers, tankers and ...

Declines in Chinese crude imports and demand filled by illicit barrels from Iran and Russia helped hold down VLCC rates ...

US sanctions on Russian oil exports are prompting Russia to redirect Aframax tankers from western ports to the Far East to ...

In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight ...

VLCC fleet growth went into reverse last year as crude tanker deliveries hit a 36-year low. Shipowners’ organisation Bimco ...