Russia and Iran Launch Oil Price War for Chinese Buyers as India Retreats
Russian and Iranian oil producers are slashing prices in a fierce competition for Chinese buyers after India cut imports by 40%. Nearly 48 million barrels of
Russian and Iranian oil producers are slashing prices in a fierce competition for Chinese buyers after India cut imports by 40%. Nearly 48 million barrels of
Trading houses and buyers of Venezuelan oil have chartered the first very large crude carriers (VLCCs) to export from the South American country since a
The Proteus Bohemia carrying 100,000 tons of diesel from India's Reliance facility has arrived in Rotterdam, the first such cargo since EU sanctions on
India temporarily extended permission for four Russian insurers to cover tankers calling at its ports, as the government seeks to sustain crude imports while
CMA CGM is doubling down on India, having finalizing shipbuilding contracts with Cochin Shipyard Limited (CSL) for six LNG-powered containerships while
ndia has seized three U.S.-sanctioned tanker ships linked to Iran this month and stepped up surveillance in its maritime zone to curb illicit trade, a
Three US-sanctioned tankers have arrived for demolition on India’s west coast in under a month, an unusually strong start to the year for a ship-breaking
The Indian Coast Guard seized three tankers that it said were involved in oil smuggling, the first sign of the country getting tough on the so-called dark
India’s Coast Guard has dismantled an international oil-smuggling network off the country’s west coast, targeting vessels accused of conducting illicit
President Trump signed an executive order enabling tariffs on countries trading with Iran but did not immediately impose duties. The policy threatens major
More than a dozen tankers carrying 10-12 million barrels of Russian Urals crude are circling Asia seeking buyers after India cut imports under US pressure.
India launches state-backed Bharat Container Shipping Line joint venture to challenge foreign carriers' dominance and cut the country's $70-75 billion annual
A newly announced trade agreement between the United States and India could significantly reshape global crude oil flows and tanker demand, potentially cutting
U.S. President Donald Trump on Monday announced a trade deal with India that slashes U.S. tariffs on Indian goods to 18% from 50% in exchange for India halting
By Trevor Hunnicutt ABOARD AIR FORCE ONE, Jan 31 (Reuters) – U.S. President Donald Trump on Saturday said India will buy Venezuelan oil, as opposed to
India’s pullback from Russian oil imports is leaving Moscow with the dilemma of what to do with all the crude that it’s pumping onto tankers but is unable
Landmark agreement promises to reshape maritime traffic patterns and vessel deployment strategies as tariff reductions unlock billions in new cargo flows
By Rakesh Sharma (Bloomberg) — Two tankers carrying Russian Urals crude, both of which had signaled India’s Sikka port as their destination last week,
(Bloomberg) –At least three tankers carrying Russian crude are indicating Reliance Industries Ltd.’s plant on India’s west coast as their next
India just threw down $5.4 billion to crash the global shipbuilding party. For Western yards already struggling against Asian dominance, it's another wake-up
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