Oil prices surge
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The increase comes as the US amasses the largest fighting force in the Middle East since 2003. Read more at straitstimes.com. Read more at straitstimes.com.
Russian oil tanker allegedly bound for Cuba engaged in deceptive shipping practices including signal manipulation and offshore cargo transfer, according to maritime intelligence firm Windward.
The Justice Department has filed a complaint to legally take ownership of a sanctioned tanker and nearly 2 million barrels of petroleum seized off the coast of Venezuela in December.
President Trump says India will stop buying sanctioned Russian oil in trade deal, but data shows shadow fleet vessels on the move evading global enforcement.
Tanker loading in Venezuela dwindled on Monday, with most ships moving oil cargoes only between domestic ports following U.S. action against two more ships and as state-run energy company PDVSA struggles to recover from a cyberattack, according to tracking ...
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How US oil tanker seizures targeting Venezuela are linked to rising geopolitical tensions with China
On Saturday, the Panama-flagged tanker Centuries was seized by the U.S., an action that may have required cooperation from Panama's government. China, a major buyer of crude oil from the region, condemned the U.S. action. Any cooperation from Panama over ...
Add Yahoo as a preferred source to see more of our stories on Google. The US Coast Guard released video of one of its ships shadowing the Russian-flagged oil tanker Bella 1 in the North Atlantic shortly before the US seized the vessel on Wednesday, January ...
According to the global commodity data provider site Kpler, the recent average has been approximately 10 million barrels of crude oil and condensate per week. Iran's loading of oil onto shipping vessels rose to nearly three times its weekly average in recent days,
U.S. forces, led by the Coast Guard, are now chasing a third oil tanker near Venezuela, sharply escalating a high-stakes crackdown aimed at the country’s sanctioned crude trade. The Coast Guard is working with federal partners to track another oil tanker ...
Crew members aboard the aging, rusted oil tanker that the US has been pursuing at sea for nearly two weeks appear to have painted a crude image of a Russian flag on the ship’s hull, which American officials believe is an attempt at claiming Russian ...