LONDON, Sept 11 (Reuters) - The cost ⁠of ⁠shipping oil in the ⁠largest tankers hit record highs this week following the ​biggest wave of attacks on shipping since the U.S.-Iran war began in late ...

A severe shortage of large oil tankers used to transport crude oil across the world's seas is pushing up the cost of bringing oil to India. According to reports available till September 19, freight ...

(Bloomberg) -- The soaring cost of moving oil around the world is making some long-distance crude trades uneconomical, threatening to disrupt flows at a time when fuel markets have never been tighter.

Mary Roeloffs is a Forbes breaking news reporter covering pop culture. An oil products tanker is anchored in the Strait of Hormuz on Aug. 10, 2026. U.S. Central Command (CENTCOM) said American forces ...

LONDON, Aug 12 (Reuters) - A vast oil spill from a leaking tanker has started to hit Oman's coastline, its environment agency confirmed on Wednesday, in what threatens to become one of the world’s ...

The daily rate for commissioning a tanker topped $1 million for the first time in history amid a tightening supply of vessels to carry crude oil and fuels whose owners are willing to dare the Strait ...

A Russian tanker carrying millions of gallons of oil has run aground off the coast of Oman — and now risks breaking apart, potentially causing an environmental disaster on the scale of the 1989 Exxon ...

An oil spill from a stranded tanker off the coast of Oman now covers an estimated 500 square miles (1,300 square kilometers), the environmental organization Greenpeace told CNN, prompting fears that a ...

For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices. By Rebecca F. Elliott and Lisa Friedman The ...