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 ...
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Iran struggles as Russian oil remains afloat amidst sanctionsIran, and Venezuela are competing for ships that are not on the sanction lists. Following additional sanctions by the United States and the European Union on Russian oil tankers, the fleet of ...
Going forward, the growing number of oil tankers sanctioned by the United States is limiting the availability for Iran to ...
“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 ...
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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?
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