There was already a smallish shadow fleet of antiquated tankers carrying embargoed oil from Venezuela and Iran, but the ...

It remains to be seen how the incoming Trump administration will handle enforcement.

“Russian oil sellers are likely to adapt by using non-sanctioned tankers or ship-to-ship transfers,” Kpler added. “But ...

Oil shipping rates continued their rally Wednesday on expectations of a tightening in global tanker supply from the latest ...

Oil tanker rates continued to rise on Wednesday as concerns over further supply disruptions from US sanctions increased.

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

The International Energy Agency (IEA) warned that new US sanctions targeting Russia's oil sector could significantly disrupt ...

A tanker carrying Russian oil that was secured by German authorities last week in the Baltic Sea remains in German waters and a customs assessment is underway, a government spokesperson said in Berlin ...

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.

US last week imposed its broadest package of sanctions so far targeting Russia’s oil producers. Read more at straitstimes.com ...

On 10 January 2025, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a package of new ...