Oil tanker rates jumped on Monday as the Biden Administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships while forcing traders to seek alternative sources of ...
Oil tankers are ships designed for transporting bulk oil and/or its derivative products. Tanker ships can be either crude tankers that transport unrefined crude oil or product tankers that ...
LONDON, Jan 13 (Reuters) - At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions ...
[Stay on top of transportation news: Get TTNews in your inbox.] Oil tanker rates jumped Jan. 13 as the Biden administration’s sanctions on Russia’s petroleum trade threaten to cut the supply ...
The tanker — with around 99,000 tons of oil and said to be part of Russia's shadow fleet of vessels used to skirt Western sanctions — is to remain in place until a decision is reached on how ...
A new U.S. sanctions package has immobilized at least 65 oil tankers globally, affecting those near China, Russia, and elsewhere. This move targets Russian oil revenue amid the Ukraine war, causing ...
Since the United States announced a new package of sanctions on 10 January, at least 65 oil tankers have been anchored in various locations, including off the coasts of China and Russia.