China and India have stopped trading in Russian oil as US sanctions have caused a sharp rise in tariffs for tanker freight.
The latest U.S. sanctions on Russia’s oil and gas sector have raised the cost of chartering tankers not under restrictions so ...
The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating ...
In China, newly sanctioned tankers face delays offloading oil despite meeting waiver requirements. Three of them discharged ...
Russian oil transactions from March are stalled in Asia as China and India navigate significant freight rate increases post ...
US sanctions on Russian oil exports are prompting Russia to redirect Aframax tankers from western ports to the Far East to ...
The disruption has led to stalled trade in Russian crude loaded for March delivery as rising shipping costs created a significant price gap between buyers and sellers, according to Reuters.
Declines in Chinese crude imports and demand filled by illicit barrels from Iran and Russia helped hold down VLCC rates ...
Last month, Kpler said Iran was gearing up to shift stockpiles of its crude in Chinese ports ahead of any tighter US ...
Iranian cargo ships allegedly carrying chemicals to make missile propellent are setting sail from China to deliver the ...
What is the main reason for the slowdown in trading activity for Russian oil in Asia amid fresh sanctions from the US?