Oil refiners in India and China have increased crude purchases from the Middle East and other regions amid concern that ...

The Houthis initially attacked the Greek-flagged Sounion tanker on Aug 21 with small arms fire, projectiles and a drone boat.

An oil tanker that burned for weeks in the Red Sea and threatened a massive oil spill has been “successfully” salvaged, a ...

Israel’s army confirmed Friday that one of the bodies recovered from Gaza earlier this week was that of 23-year-old hostage ...

According to reports, the eight oil tankers affected by the ban each have a capacity of 2 million barrels, meaning a total of ...

Iran is reeling from a cratering economy and stinging military setbacks across its sphere of influence in the Middle East.

As less oil is likely to be available from Russia due to Western sanctions, Indian refiners have started to make up the ...

Nearly 19m dwt-worth of VLCCs are under US sanctions, with more likely on the way. ABG Sundal Collier analyst Petter Haugen ...