Eight sanctioned tankers are travelling through the English Channel despite promises by the UK government to take decisive ...

Traders are increasingly using tankers to store Russia's Urals crude as demand weakens and customers weigh growing sanctions ...

SINGAPORE: Oil prices slipped more than 1% on Friday from multi-month highs, though they are set for their most substantial gains in years, as the risk premium surged due to a potential U.S. attack on ...

Tensions have escalated ‌amid a U.S. military buildup in the Middle East. U.S. President Donald Trump urged Iran on Wednesday ...

The legislation promises to give private companies control over the production and sale of oil and allow for independent ...

The United States is handing over to Venezuela a tanker that it seized this month, two U.S. officials told Reuters on ...

The United States will allow Venezuela to sell oil that's currently under American sanctions and use the proceeds to pay for ...

The price of oil is way off of recent-year highs. A barrel of West Texas Intermediate (WTI) crude hit $120 in June 2022.

WASHINGTON, DC – In the weeks since the United States snatched Venezuelan President Nicolás Maduro, the Trump administration ...

Amid reports of Russia’s “shadow fleet” of oil tankers evading sanctions, maritime data analyzed by iFact shows vessels hiding their movements across the Black Sea before appearing in Georgian waters.

U.S. sanctions on Russia and Venezuela have boosted tonne-miles, increased floating storage, and shifted trade from shadow ...

First assembled by Iran in the 2010s, the loose fleet that exclusively ships oil under Western embargo has more than doubled ...