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A partially filled supertanker heading to Japan after receiving its Middle Eastern oil cargo via a ship transfer at sea highlights the desperate measures the

Two Iranian-linked tankers exited the Gulf on Monday as other vessels began avoiding the Strait of Hormuz after the U.S. said it would start blockading Iranian

By Weilun Soon Apr 12, 2026 (Bloomberg) –Two empty crude tankers attempted to make their way through the Strait of Hormuz and into the Persian Gulf

A Russian-flagged supertanker passed through the Strait of Hormuz into the Persian Gulf, marking a rare passage for one of the nation’s ships as traders

Japan is relying on ship?to?ship oil transfers far from the Middle East to secure crude supplies while keeping its tankers out of a conflict zone that has

Saudi Arabia’s race to bypass the Strait of Hormuz has led to a buildup of oil supertankers waiting off the kingdom’s Red Sea coast to collect cargoes, as

A ship hauling a million barrels of Saudi crude sailed through the Strait of Hormuz in recent days, one of the first big tankers to leave the Persian Gulf

By Emily Chow and Jeslyn Lerh SINGAPORE (Reuters) – Marine insurers are cancelling war risk coverage for vessels and oil shipping rates are set to surge

U.S.-Israeli strikes on Iran and Tehran's retaliatory attacks across the Persian Gulf are disrupting oil exports from a region that supplies 20% of global

A shipowner’s once-in-a-generation wager on oil tankers has made it so powerful that it controls an overwhelming majority of supertankers that can collect

VLCC charter rates have pushed back into six-figure territory, with DHT Holdings (NYSE:DHT) securing a one-year time charter at $105,000 per day for the

A niche but crucial part of the oil market is being rocked by a huge bet from a South Korean tycoon who has amassed a large share of the tanker market

Soaring freight rates have enticed some shipowners to use new tankers to transport Russian oil, a trade usually carried out by older vessels that are close to

The sanctioned shadow fleet tanker Hyperion has entered the Bay of Biscay and is now heading northeast toward the English Channel. The vessel is one of just a

Tankers have begun discharging Venezuelan crude at Caribbean islands, publicly signaling their activity in a move that marks a new trade order after US exerted

U.S. authorities boarded and seized the oil tanker Olina in Caribbean waters on Friday, marking the fifth such interception in recent weeks as Washington

Chinese buyers shunned offers for Venezuelan crude this week, as a US blockade on the South American producer constrains exports and pushes up

China's foreign ministry on Monday said the United States' seizure of another country's ships was a serious violation of international law, after the U.S.

 A U.S. move this week to seize an oil tanker out of Venezuela is poised to make a bad situation worse for a crisis-stricken Cuba already struggling to

A shortage of oil tankers is becoming so acute that newly built vessels, which usually carry refined fuels on their maiden voyages, are instead racing empty