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The U.S. Treasury said on Monday that U.S. sanctions against Russian oil majors Rosneft and Lukoil are already reducing Russian oil revenues and are likely to reduce the quantity of Russian oil sold in the long term.
French shipping giant CMA CGM on Friday reported declining revenues and profitability for the third quarter of 2025, as the global container shipping industry grapples with persistent geopolitical tensions and...
The crew of an oil products tanker are safe and the vessel is anchored off Iran's Bandar Abbas port, its manager said on Monday, after Tehran said it seized the ship in open Gulf waters last week.
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