China and India halt Russian oil purchases amid US sanctions – Reuters
China and India have halted trade in Russian oil due to US sanctions, which have caused a sharp rise in tanker shipping costs, Reuters reports. According to traders and shipping companies, trade in Russian oil that was loaded in March has stopped in Asia,
Soaring Tanker Costs Stall Russian Oil Trade in Asia After US Sanctions
New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for non-sanctioned vessels.
Russian oil freight rates soar on sanctions-driven tanker shortage
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. sanctions cut availability of tankers, three traders said and data showed.
Russia Oil Trade to China, India Stalls as Sanctions Drive up Shipping Costs
Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers and sellers emerged in China after costs for chartering tankers unaffected by U.S. sanctions jumped,
Russia Set to Test New Delhi’s Nerve by Sending Sanctioned Oil and Tankers to India
Russia is sending cargoes of sanctioned oil to India on tankers that have been blacklisted by the US Treasury — setting up an acid test of Moscow's ability to get around aggressive measures imposed by Washington earlier this month.
Rescue teams empty 1,500 tons of oil from Russian tanker
Russian officials say rescue workers have successfully removed almost 1,500 tons of oil stranded onboard a tanker that ran ...
TaiwanPlus on MSN1d
One Dead, Seven Rescued From Stranded Oil Tanker by Taiwan Coast Guard - TaiwanPlus News
One Indonesian crewmember died and seven others were rescued by Taiwan's Coast Guard after their Belize-registered oil tanker ...
TradeWinds1d
Tanker market looking up for owners amid threat of overwhelming geopolitical wildcards, says Poten
While geopolitical factors will continue to play a part in the market, the supply-demand forecasts from major oil research ...
Russian Tanker Adrift off France Coast Sparks Alarm: 'Environmental Bomb'
A Russian oil tanker known as Unity has lost power and gone adrift in the NATO Lake while on its journey to Mangalore, India.
The Express Tribune on MSN2d
Oil tanker explodes during welding
Initial reports suggest, the blast occurred due to gas leakage during welding work on the tanker, which was being used to ...
Finland had 12 minutes left to stop a Russia-linked oil tanker from dealing 'much worse' damage to its undersea cables, president says
"Had it continued for another 12 minutes, the carnage would have been much worse than the four basic cables that were there," ...
Marine Link6d
Oil Tanker Vessel Deliveries Plummet 74% in '24
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 ...
Interfax10h
All remaining fuel oil emptied from Volgoneft-239 tanker aground in Krasnodar Territory - authorities
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 ...
Middletown Press on MSN6d
Cromwell tanker crash on Route 9 causes 100-gallon oil and diesel spill, officials say
State police said a tanker rolled over on Route 9 south in Cromwell Monday night, causing 100 gallons of oil and diesel to ...
49 tonnes of crude palm oil seized in major operation in Johor Baru
Some 49 tonnes of crude palm oil worth RM294,000 were seized by the General Operations Force (GOF) during an operation at the ...