Indian refiners are reducing Russian crude imports amid Ukrainian attacks on supply routes. They are now seeking alternative oil supplies f...

Indian refiners and a global energy major will avoid Iran's blacklisted ships. This decision stems from security concerns over vessels cros...

Shipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...

Iran has blacklisted forty-five tankers for violating its Strait of Hormuz transit rules. The Persian Gulf Strait Authority announced these...

North Korea has deployed troops and weapons to support Russia's war. A missile unit is reportedly deploying to western Russia with ballisti...

India has received Iranian oil shipments. This marks the first imports in seven years. The nation is securing volumes before a US grace per...

US-sanctioned tanker, Rich Starry, has passed through the Strait of Hormuz despite Washington’s newly imposed naval blockade on Iran, highl...

The administration of Donald Trump has directed US diplomats to urge allies to designate Iran’s Islamic Revolutionary Guard Corps and Leban...

A New Zealand insurer, Maritime Mutual, faces a probe for insuring tankers carrying sanctioned Iranian and Russian oil. These vessels are p...

A US-sanctioned tanker, Contract II, is being dismantled in Alang, India. The sale involves extended payment terms and measures to hide the...

U.S. adds Chinese companies to export blacklist for supplying AI chips to China's military. Restrictions extended to companies supporting R...

U.S. Secretary of State Mike Pompeo in statements said Washington blacklisted seven entities and two individuals in sanctions related to th...

Kumar became the collateral damage when the Treasury’s Office of Foreign Assets Control (OFAC) on Friday blacklisted the ship, which was tr...

There’s increased scrutiny on the tricks being used to keep commodities flowing to and from blacklisted countries.

Keen to send the right signals to China regarding its NSG membership bid, India has eased key security conditions for the neighbour in rece...

ONGC Videsh faces the prospect of a near-shutdown of crude production from its field in Syria after EU blacklisted that country's oil cos.

The Obama administration on Tuesday slapped new sanctions on Iran over its suspect nuclear program, targeting companies for funding Iran's ...