Russia has assembled an unprecedented fleet of oil tankers in the Arctic as it accelerates crude exports to Asia via the Northern Sea Route, with vessels carrying roughly 8 million barrels of oil already transiting or waiting to enter the ice-covered shipping lane; more than half the volume moved during last year’s entire summer navigation season.

By Florence Tan SINGAPORE, Aug 3 (Reuters) – Two tankers laden with Saudi oil crossed the Bab el-Mandeb strait over the weekend, while traffic in the Strait of Hormuz slowed following reports...

Aug 1 (Reuters) – Yemen’s Houthi-run maritime coordination body denied on Saturday that it planned to impose fees on commercial ships transiting the Bab el-Mandeb strait, saying no such decision had been...

Record low water levels in Europe's major rivers have curtailed the transport of goods, reduced electricity output and shrunk company earnings, stoking fears about the economic impact of searing heat and erratic rainfall.

The oil-shuttling service that has been crucial to getting cargoes out of the Strait of Hormuz has picked up again after a recent lull, helping millions of barrels escape as Middle East hostilities escalate.

Six Saudi oil tankers are sailing away from the Bab el-Mandeb chokepoint and appeared to be embarking on an unusual trip around Africa as threats from Houthi rebels upend shipping in the Red Sea.

DUBAI, July 30 (Reuters) – A drone strike on gas vessels in Egypt’s Mediterranean port of Damietta signaled a potential new front in the U.S.-Iran war, raising the prospect of threats to navigation through the...

A large cluster of oil tankers laden with Iranian crude are idling off eastern Malaysia, as Chinese independent refiners remain largely absent from the market despite deeper price discounts.

Oman has presented Iran with a plan backed by Gulf states to manage the Strait of Hormuz, including collecting voluntary fees for using it, a Gulf source and a Western diplomat told Reuters on Tuesday.

Oman has won backing from Gulf states for a plan that would let Tehran collect voluntary fees to use the Strait of Hormuz, a Gulf source told Reuters on Tuesday, a path towards ending the disruption to oil trade caused by the U.S.-Israeli war on Iran.

India’s embassy in Tehran said it is in close contact with authorities after a liquefied petroleum gas tanker, with 28 Indian crew members onboard, came under attack in Iranian territorial waters on Friday.

The largest Russian oil port in the Black Sea resumed crude loadings after several days of disruption, during a period of bad weather and increased drone attacks in the nearby area.