U.S. and EU sanctions on Russia’s dark fleet and Iran are removing tankers from circulation, driving up VLCC demand.
The Trump administration has approved a Texas port capable of shipping 1 million barrels of oil a day proposed by Sentinel ...
London-based pools company Tankers International has revealed a growth of Middle East Gulf crude shipments on sanctioned VLCCs. But the company believes this trend could reverse if the US ramps up ...
Sanctioned tankers are finding new discharge terminals for their Russian and Iranian oil cargoes in China. Trading ...
The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher US sanctions reduced the number of buyers, leaving fewer tankers available to deliver cargoes and driving up ...