Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on Russia's fleet and traders' demand for ships to load Middle East oil for ...

Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian tankers, ...

In a press conference in Karachi, the chairman of the All Pakistan Oil Tankers Owners Association, Mir Shams Shahwani, said ...

Liquefied natural gas (LNG) from Russia to the European Union may be phased out by Brussels, according to Bloomberg.

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.

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," ...

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 ...