A wave of geopolitical disruption and unprecedented fleet consolidation has sent VLCC tanker rates soaring and reshaped pricing power in the global crude shipping market.
Iranian state television says the Revolutionary Guard's navy has seized two foreign oil tankers in the Persian Gulf Thursday, claiming the tankers had been smuggling fuel ...
Dark Footage Official on MSN
Shots fired at oil tankers as US warship confronts Iran in the Persian Gulf
Footage from July 2023 captures Iranian naval forces firing on commercial oil tankers in international waters, triggering an urgent U.S. Navy response led by the USS McFaul. As Iranian vessels ...
Falling tanker rates have temporarily improved demand for U.S. crude, helping lift benchmark prices as shipping costs to Asia ease. The relief is likely short-lived, with tanker market forecasts still ...
The only oil tankers to leave Venezuela since the arrest of its former leader, Nicolás Maduro, have been bound for the U.S., according to a new report by shipping intelligence firm Kpler. There were ...
The United States is increasing pressure on the elusive “shadow fleet” of oil tankers that has helped fund Russia’s war in Ukraine, seizing over half a dozen vessels in Venezuelan waters in recent ...
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