[Stay on top of transportation news: Get TTNews in your inbox.] The cost to hire oil supertankers could be headed for the highest levels this decade on the growing risk of a major U.S. attack on Iran, ...

Crude tanker earnings surged in 2025 and have climbed another ~30% in early 2026. U.S. sanctions on Russia and Venezuela have boosted tonne-miles, increased floating storage, and shifted trade from ...

VLCC freight rates surged to multi-year highs due to rising oil flows, longer voyages, sanctions, and geopolitical tension. South Korea’s Sinokor and MSC-linked buyers have gained control of roughly ...

Naval drones have been used in at least two attacks on oil tankers in the Gulf region since war erupted between the U.S., ...

WASHINGTON (AP) — U.S. military forces boarded a third sanctioned oil tanker in the Indian Ocean after tracking it from the Caribbean Sea in an effort to target illicit oil connected to Venezuela, the ...

As India wrestles with disruptions in LPG and crude oil supplies amid escalating tensions in the Middle East, the spotlight has turned to a critical yet often invisible link in the energy chain: oil ...

Jan. 15 (UPI) --U.S. Southern Command forces seized a sixth sanctioned oil tanker during the predawn hours Thursday morning as part of Operation Southern Spear. The seized vessel is named the Veronica ...

WASHINGTON, Feb 27 (Reuters) - The U.S. is seeking to take ownership of Motor Tanker Skipper, an oil tanker it seized in December, and 1.8 million barrels of crude oil cargo supplied by Venezuelan ...