US Treasury Allows More Russian Oil Sales to Help Tame Prices
The US issued a second authorization letting countries buy more Russian oil that’s stuck on tankers due to sanctions, part of the White House’s push to
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The US issued a second authorization letting countries buy more Russian oil that’s stuck on tankers due to sanctions, part of the White House’s push to
The second set of U.S. waivers on Russian oil and vessel tracking data shows both the Iranian and Russian shadow fleets are profiting off the U.S./Israel war
An ice-class LNG carrier under construction at Russia’s Zvezda shipyard in the Far East may have begun sea trials this week, a potentially important step in
The U.S. Treasury Department has issued a new sanctions wind-down authorization allowing certain Russian oil cargoes already at sea to complete their voyages,
The maritime security environment across the Persian Gulf, Strait of Hormuz, and Gulf of Oman remains at a “CRITICAL” threat level, according to the
As the Trump administration considers temporarily waiving the Merchant Marine Act of 1920, commonly know as the Jones Act, to address surging fuel
The escalating Middle East conflict has triggered what the International Energy Agency (IEA) says could become the largest supply disruption in the history
Singapore-based shipbuilder Seatrium Limited has delivered a next-generation Wind Turbine Installation Vessel (WTIV) to Maersk Offshore Wind, marking the
The United States will release 172 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) beginning next week as part of a record
A new series of maritime attacks has struck commercial vessels across the Persian Gulf overnight, signaling that the shipping conflict linked to the escalating
Naval drones have been used in at least two attacks on oil tankers in the Gulf region since war erupted between the U.S., Israel and Iran, according to
Newly surfaced photos taken by a rescued crew member from the Thai-flagged bulk carrier Mayuree Naree offer a stark reminder of the growing dangers facing
Washington’s effort to restore commercial shipping through the Strait of Hormuz took a key step forward Wednesday after the U.S. International Development
Three additional commercial vessels have been struck by projectiles in and near the Strait of Hormuz over the past 24 hours, as the maritime security situation
The Federal Maritime Commission says it is closely monitoring new surcharges being introduced by ocean carriers amid the escalating security crisis around
The U.S. Bureau of Ocean Energy Management (BOEM) generated $46.98 million in high bids at its latest offshore oil and gas auction Wednesday, marking a sharp
The International Energy Agency (IEA) on Wednesday recommended the release of 400 million barrels of oil, the largest such move in its history, to try to
Global shipping giant A.P. Moller – Maersk says the escalating conflict in the Middle East is beginning to disrupt global marine fuel supply chains,
U.S. Central Command (CENTCOM) on Tuesday warned civilians to avoid port facilities in Iran where naval forces are operating, saying the Iranian military is
A Thai-flagged cargo vessel was struck in the Strait of Hormuz on Wednesday shortly after departing from the United Arab Emirates, as regional tensions
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