Copyright 2025 The Associated Press. All Rights Reserved. In this photo taken from video released by Russian Emergency ...

Oil tanker rates jumped on Monday as the Biden Administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships while forcing traders to seek alternative sources of ...

A view of the unmaneuverable oil tanker "Eventin" off the coast of the island of Ruegen. The oil tanker, which flies the flag of Panama, drifted for several hours in the Baltic Sea off the coast ...

LONDON, Jan 13 (Reuters) - At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions ...

Oil prices saw their first weekly decline of the year with ICE Brent settling a little more than 2.8% lower last week. And this downward pressure has continued in early morning trading today.

BERLIN — Germany charged that a heavily loaded tanker adrift off its northern coast Friday was part of the “shadow fleet” Moscow uses to avoid sanctions on its oil exports. Foreign Minister ...

As the vessel drifted in coastal waters Friday, Foreign Minister Annalena Baerbock slammed Russia's use of "dilapidated oil tankers" to avoid sanctions on its oil exports, calling it a threat to ...

HELSINKI, Jan 8 (Reuters) - Finland's public transport agency said on Wednesday that an oil tanker suspected of damaging undersea cables in the Baltic Sea was found to have serious deficiencies ...

[Stay on top of transportation news: Get TTNews in your inbox.] Oil tanker rates jumped Jan. 13 as the Biden administration’s sanctions on Russia’s petroleum trade threaten to cut the supply ...

Many of the vessels, specialized tankers, and shuttle tankers transporting Russia’s oil from the Arctic and Far East Pacific fields and production clusters to Asia have now been sanctioned.

India has announced that it will abide by the sanctions and turn away sanctioned tankers. Previously, we reported that the sanctions would severely disrupt Russian oil exports to India and China ...

The tanker — with around 99,000 tons of oil and said to be part of Russia's shadow fleet of vessels used to skirt Western sanctions — is to remain in place until a decision is reached on how ...