The disruption has led to stalled trade in Russian crude loaded for March delivery as rising shipping costs created a significant price gap between buyers and sellers, according to Reuters.

Russian oil transactions from March are stalled in Asia as China and India navigate significant freight rate increases post ...

New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for ...

China and India have stopped trading in Russian oil as US sanctions have caused a sharp rise in tariffs for tanker freight.

UK shipbroker Braemar is continuing to build up its specialised tanker desk with recruits from a rival and an oil and tanker ...

NATO is ratcheting up its guard against suspected attempts to sabotage underwater energy and data cables and pipelines that ...

Offers for Espo crude exported from the key Russian Pacific port of Kozmino have spiked to premiums of between $3 and $5 a ...

BENGHAZI (Reuters) -Local protesters prevented a tanker from loading oil on Tuesday at Es Sidra port in Libya, a major oil producer, two engineers from the facility told Reuters. In a statement ...

Some of the Barbados ships have already been re-registered with other nations including Tanzania and São Tomé and Príncipe.

After a series of suspected undersea cable cuttings, NATO has launched a new surveillance and deterrence mission to protect ...

Volunteers flooded the beaches to help with cleanup eventually prompting the federal government to step to help clean up thousands of tons of fuel oil.