Oil shipping rates soar on U.S. sanctions on Russian fleet, boosting demand for tankers to load Middle East oil for Asia.

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

"Had it continued for another 12 minutes, the carnage would have been much worse than the four basic cables that were there," ...

Russia's military on Tuesday said it would retaliate against Ukraine after Kyiv attacked Russian regions by firing six ...

A stricken tanker loaded with Russian oil that lost the ability to manoeuver in the Baltic Sea near the German island of ...

Oil tanker rates jumped on Monday as the Biden Administration’s sanctions on Russia’s petroleum trade threaten to cut the ...

A risky operation to salvage an oil tanker attacked by Houthi militants in the Red Sea and avert what could have been one of ...

Germany is working to secure a drifting Russian oil tanker, believed to be part of Moscow’s “shadow fleet” used to fund its ...

A loaded oil tanker that lost the ability to manoeuvre in the Baltic Sea near the German island of Rügen was being towed ...

An oil tanker sailing under the Panamanian flag that ran out of power in the Baltic Sea last week has been towed to safety ...

An oil tanker that burned for weeks in the Red Sea and threatened a massive oil spill has been “successfully” salvaged.