U.S.-Sanctioned Russian Tankers Moved More Than 20% of Seaborne Oil Exports
Russian tankers targeted by the latest round of U.S. sanctions moved more than a fifth of the Kremlin's seaborne exports last year, according to the International Energy Agency. "The new U.S. sanctions issued are intended to substantially reduce export revenue from the Russian oil sector,
Shadow fleet of tankers keeps Russia's oil money flowing despite Western sanctions
Dodging the cap has increased the price Russia gets for its oil on global markets, sanctions experts say. The discount for Russian oil compared to international benchmark Brent crude has shrunk from as much as $35 per barrel to less than $10 per barrel. Russia has seen oil income hold up steadily and even rise.
Crew of tanker planned to damage more cables
Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on ...
"Had it continued for another 12 minutes, the carnage would have been much worse than the four basic cables that were there," ...
Oil tanker rates jumped on Monday as the Biden Administration’s sanctions on Russia’s petroleum trade threaten to cut the ...
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.
The Czech government says the country has boosted its energy security by completing a project to finish its dependence on oil ...
An oil tanker believed to be part of Russia’s efforts to evade sanctions went adrift and had to be towed by a German tugboat ...
Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on ...
Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia ...
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