Iranian oil sellers risk facing significant hurdles moving their cargoes out of the country as competition for unsanctioned tankers from Russia and Venezuela intensifies, according to analytics ...
On Monday, the VLCC time-charter equivalent assessment stood at $39,522 per day. Gibson said the rally and subsequent ...
“There is only a number of tankers on the market willing to take high-risk sanctioned oil and now Iran needs to compete with Russia and Venezuela to secure them,” Muyu Xu, a senior crude oil ...
Stranded Iranian cargoes have offloaded their crude at Shandong, the key import terminal for China’s independent refiners, ...
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The shadow fleet of oil tankers helping to ship supplies for Russia, Iran and Venezuela is now made up of about 1,000 vessels, Luckock added. --With assistance from Tom Mackenzie and Lizzy Burden.
Past attempts to seize Iranian oil have sparked retaliation from Tehran. In 2023, Iran seized foreign ships—one chartered by ...
Trump's energy sanctions hit Iran & Venezuela while Russia may get relief. How will these moves impact global oil markets?