The U.S. Treasury said on Thursday it is imposing sanctions on individuals and tankers helping to ship millions of barrels of Iranian crude oil per year to China.
President Trump has launched a second round of sanctions on Iran with the goal of cutting the country’s oil exports to zero, particularly to China, its biggest customer. This “maximum pressure” ...
Enforcement of the U.S. sanctions on Iran will come down to how much the Trump administration is willing to pressure Iran's oil buyers, said StoneX's Hodes. Oil prices may rise if there are some ...
Russia's fleet of supply vessels now makes up just shy of a fifth of global oil tankers operating across the world.
Russia is using non-sanctioned vessels and rerouting others to keep oil exports going, maritime data shows, but risks sanctions on even more ships.
To sustain its oil exports, Russia has been drawing on a network of old tankers it sources from private sellers around the ...
Project identifies Greek owners as big winners of booming market for tankers that end up in Russian shadow fleet ...
CAIRO - Liberian-flagged crude oil tanker Chrysalis, which was attacked by Yemen's Houthis last year, sailed through the Red ...
Donald Trump has reached an agreement with Mexico that could forestall tariffs on the neighbouring country that is America’s ...
The "shadow fleet" comprises often aging, uninsured ships that aim to evade sanctions on Russian energy exports.
On the night of Dec. 15, 2024, two Russian oil tankers, Volgoneft-212 and Volgoneft-239, sank in the Kerch Strait, a narrow ...