The US issued a second authorization letting countries buy more Russian oil that’s stuck on tankers due to sanctions, part of the White House’s push to prevent prices from surging. The temporary move, which widens a waiver given to India last week, only applies to oil already in transit and as such won’t provide significant financial support for the Russian government, Treasury Secretary Scott Bessent, in a social media post.

The second set of U.S. waivers on Russian oil and vessel tracking data shows both the Iranian and Russian shadow fleets are profiting off the U.S./Israel war against Iran. Lloyd’s list data tracked over half of the tankers and gas carriers traversing the Strait of Hormuz as Iranian. Container ships are also included.

Italian authorities are weighing how to deal with a Russian liquefied natural gas tanker left adrift in the Mediterranean after what Moscow described as a Ukrainian drone attack, sources said on Friday.

An ice-class LNG carrier under construction at Russia’s Zvezda shipyard in the Far East may have begun sea trials this week, a potentially important step in Moscow’s efforts to expand a shortage-stricken fleet needed to ship Arctic gas exports despite Western sanctions.

The U.S. Treasury Department has issued a new sanctions wind-down authorization allowing certain Russian oil cargoes already at sea to complete their voyages, as global energy markets struggle with disruptions...

The maritime security environment across the Persian Gulf, Strait of Hormuz, and Gulf of Oman remains at a “CRITICAL” threat level, according to the latest advisory issued Thursday by the Joint...

As the Trump administration considers temporarily waiving the Merchant Marine Act of 1920, commonly know as the Jones Act, to address surging fuel prices during the Middle East conflict, U.S. shipping interests...

The escalating Middle East conflict has triggered what the International Energy Agency (IEA) says could become the largest supply disruption in the history of the global oil market, as tanker traffic through the...

Singapore-based shipbuilder Seatrium Limited has delivered a next-generation Wind Turbine Installation Vessel (WTIV) to Maersk Offshore Wind, marking the completion of a project that only months ago was at the center of a high-stakes contractual dispute between the two companies.

The United States will release 172 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) beginning next week as part of a record 400-million-barrel coordinated stock draw agreed by the International Energy...

A new series of maritime attacks has struck commercial vessels across the Persian Gulf overnight, signaling that the shipping conflict linked to the escalating U.S.–Israel confrontation with Iran is continuing...

Naval drones have been used in at least two attacks on oil tankers in the Gulf region since war erupted between the U.S., Israel and Iran, according to maritime authorities and analysts, demonstrating a dangerous new threat in the key shipping lane.