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Dec 18 2025 // Oil tankers hauling Russian crude across the Black Sea are taking a roundabout route along the coastlines of Georgia and Turkey — a measure that might help them to reduce the risk of being targeted by Ukrainian sea...
Dec 17 2025 // U.S. President Donald Trump ordered on Tuesday a “blockade” of all sanctioned oil tankers entering and leaving Venezuela, in Washington’s latest move to increase pressure on Nicolas Maduro’s...
Dec 17 2025 // Texas Attorney General Ken Paxton sued Xcel Energy Inc., accusing the utility company of “blatant negligence” over its role in the Smokehouse Creek wildfire that killed three people and caused more than $1...
Dec 16 2025 // Venezuela’s state oil company is still struggling to restore key administrative systems after what it called a cyberattack that hit over the weekend. Petroleos de Venezuela SA’s network, which manages export...
Dec 15 2025 // The European Union adopted fresh sanctions against Russian oil interests on Monday, targeting traders Murtaza Lakhani and Etibar Eyyub for helping Moscow to circumvent Western sanctions on crude exports that help to fund...
Dec 15 2025 // 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 vessels are hit with Western sanctions, shipping sources say, though rates could be capped in the...
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