Indian oil refiners are restructuring supply chains with new entities and shipping arrangements to continue importing Russian ...

A huge and growing amount of Russian and Iranian oil is stuck on tankers worldwide as Western sanctions continue to impede ...

“In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight tonnes (DWT), joined the fleet. Compared to 2023, the capacity ...

Indian refiners are struggling to secure Russian oil supplies following the latest U.S. sanctions aimed at Russian producers, insurers and tankers to reduce Moscow's oil revenue. Supply of Russian ...