Oil prices could hit $240 per barrel this summer in the worst-case scenario, if Western countries roll out sanctions on Russia’s oil exports, Rystad...
U.S. President Joe Biden on Tuesday banned Russian oil and other energy imports in retaliation for the invasion of Ukraine, underscoring strong bipartisan support...
The United States and European partners are exploring banning Russian oil imports, U.S. Secretary of State Antony Blinken said on Sunday, but stressed the...
Two oil tankers owned and managed by Russia’s largest maritime and freight shipping company, Sovcomflot, which was blacklisted by the United States last week...
Disruptions to Russian oil exports intensified on Wednesday with more countries and companies refusing to import and transport Russian crude and at least 10...
Oil companies, refiners, shippers and traders are all weighing their involvement and exposure to Russia after financial sanctions were imposed in response to the...
Buyers of Russian oil have faced massive difficulties over payments and availability of vessels after imposition of Western sanctions against Moscow over Ukraine, traders...
OPEC+ will work to integrate Iran into its oil supply-limiting accord should agreement be reached on reviving its nuclear deal with world powers, sources...
Wärtsilä’s announced its interim report for the period January–March 2026.
January–March 2026 highlights
Total order intake increased by 10% to EUR 2,099 million (1,902), while the...
The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...
A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...
The Port of Piraeus is resilient to the disruptions caused by the conflict in the Middle East on global supply chains.
However, downward pressure is...
