The disruption has led to stalled trade in Russian crude loaded for March delivery as rising shipping costs created a significant price gap between buyers and sellers, according to Reuters.

Russian oil transactions from March are stalled in Asia as China and India navigate significant freight rate increases post ...

Some 49 tonnes of crude palm oil worth RM294,000 were seized by the General Operations Force (GOF) during an operation at the ...

New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for ...

China and India have stopped trading in Russian oil as US sanctions have caused a sharp rise in tariffs for tanker freight.

UK shipbroker Braemar is continuing to build up its specialised tanker desk with recruits from a rival and an oil and tanker ...

KRASNODAR. Jan 28 (Interfax) - All remaining fuel oil has been removed from the tanks and compartments in the stern section of the Volgoneft-239 tanker, which ran aground in the Temryuk district of ...

This heightened surveillance, both in the air and at sea, signals Nato’s intensified efforts to protect underwater ...

"Oil sales will completely stop at about 300 pumps if the situation persists," said Sajjadul Karim Kabul, president of Khulna ...

BENGHAZI (Reuters) -Local protesters prevented a tanker from loading oil on Tuesday at Es Sidra port in Libya, a major oil producer, two engineers from the facility told Reuters. In a statement ...

In China, newly sanctioned tankers face delays offloading oil despite meeting waiver requirements. Three of them discharged ...