A Singapore-based company has been slapped with US sanctions for links to the Iranian oil trade, becoming the first in the ...

Oil prices opened about 1% higher on Monday after the United States vowed to keep attacking Yemen's Houthis until the ...

Timebomb fuses are detonating mines on oil tankers days or weeks after they have left Russian ports, say maritime experts.

Trump administration has vowed “maximum pressure” on Iran to disrupt the flow of its oil. Read more at straitstimes.com.

Two foreign shipping companies have been banned from doing business in the United States after committing environmental ...

The U.S. Treasury said on Thursday it is imposing new sanctions on a few individuals and tankers helping to ship millions of barrels of Iranian crude oil per year to China, in an incremental move to ...

The President Harding was completely out of oil. No land was in sight. Captain Theodore van Beek assured everyone that Halifax (Nova Scotia) was only 19 miles away, that he had dropped anchor ...

An oil tanker and a cargo ship have collided off eastern England, setting both vessels on fire and prompting a massive rescue ...

The town of Anapa says it's seeking an initial 211 million rubles to pay for cleaning up its oil-struck beaches after two ...

India's Russian oil imports recovered in March, returning to near usual levels after a 3-month decline, as non-sanctioned ...

Russia’s oil exports have held firm despite the latest round of US sanctions, but it has been forced to look outside of the ...

Russian refineries are processing more crude oil in the hope of boosting fuel exports after the Biden administration imposed fresh sanctions on Russian crude. The sanctions have targeted ...