Oil prices rallied by more than 1% on Wednesday after U.S. President Donald Trump ordered a blockade of all oil tankers under ...

The cost of shipping oil is likely to remain high in the first half of 2026 as the global fleet ages and a rising number of ...

Amid a months-long buildup of American military forces surrounding Venezuela, the United States seized an oil tanker off the ...

Seizures of more tankers could put a stranglehold on Venezuela’s economy, which is exceptionally dependent on oil to keep the ...

Trump orders total blockade of Venezuelan oil tankers as the South American nation controls world's largest oil reserves with ...

The daily rates for chartering a vessel to transport commodities have surged this year, with oil tanker rates skyrocketing by 467%, as shippers of a growing commodity supply are grappling with a ...

President Donald Trump says he is ordering a blockade of all "sanctioned oil tankers" into Venezuela, ramping up pressure on ...

The U.S. seizes an oil tanker off Venezuela's coast as the Trump administration continues to escalate military activity in ...

President Donald Trump said Wednesday that the United States has seized an oil tanker off the coast of Venezuela amid ...

Benchmark rates for very-large crude carriers that can transport up to 2 million barrels from the Middle East to China rose to nearly $137,000 a day at the end of last week, marking a 576% increase ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a draw of 2.48 million barrels in the week ending November 28. Crude oil inventories shed 1.9 ...

Meanwhile, Ukraine continues to strike Russia’s oil refineries and export ports, while Moscow keeps up its bombardment of ...