China and India have halted trade in Russian oil due to US sanctions, which have caused a sharp rise in tanker shipping costs ...

WTI crude oil (CLH25) today is up +0.05 (+0.07%), and March RBOB gasoline (RBH25) is up +0.0088 (+0.43%). Crude and gasoline ...

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 ...

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

In China, newly sanctioned tankers face delays offloading oil despite meeting waiver requirements. Three of them discharged ...

Wider US sanctions on Russian-trading tankers have drawn more veteran vessels into the business for the first time. UK ...

Vast stretches of Russian coast have been tarred by heavy fuel oil from two freighters that foundered in a storm.

New US sanctions on Russian oil tankers and energy companies threaten India's access to cheap crude, potentially driving up ...

A Russian oil tanker known as Unity has lost power and gone adrift in the NATO Lake while on its journey to Mangalore, India.

A chunk of Russia’s oil tanker fleet is being forced to change the flag they sail under as US and UK sanctions heap pressure ...