Russia's oil exports through its Northern Sea Route (NSR) in 2026 have already exceeded last year's by nearly 50%, with some 20 million barrels shipped to Asia from the start of navigation in July to mid-October, traders said and data showed.

By Ana Isabel Martinez and Sarah Morland MEXICO CITY, Oct 18 (Reuters) – Mexico’s president said on Thursday a drastic reduction in the protected area for the near-extinct vaquita marina, the world’s...

ANKARA, Oct 18 (Reuters) – Turkey will take some of the diesel Russia is supplying to global markets under its agreement with US President Donald Trump, Energy Minister Alparslan Bayraktar said on...

DUBAI, Oct 18 (Reuters) – Iran’s offer to the United States to reopen the Strait of Hormuz within seven days is still on the table, Foreign Minister Abbas Araqchi told Iranian media...

SYDNEY, Oct 18 (Reuters) – Woodside WDS.AX said operations remained paused on Sunday at a floating production unit, part of its $12.5 ?billion Scarborough natural gas project off the coast ?of Western Australia, due...

BUCHAREST, Oct 17 (Reuters) – Romanian F-16 fighter jets shot down two drones over the country’s territorial waters on Saturday, the defense ministry said.  The drones were brought down days after two...

DUBAI, Oct 17 (Reuters) – Iran’s Revolutionary Guards Navy said on Saturday that two oil tankers had caught fire after hitting naval mines while crossing the Strait of Hormuz, the official Iranian news agency...

The cost ?of shipping oil on the largest tankers fell this week from record highs as demand eased following a wave of attacks on vessels in the Middle East and as the US considered easing sanctions on the so-called shadow fleet.

Iran has managed to export some liquefied petroleum gas and jet fuel since July, despite a US naval blockade, shipping intelligence showed and people involved in security said.

The Houthi attacks on Saudi Arabia are about more than Yemen.

When the oil supertanker Esteem Explorer sails from the United States to Japan in late November, loaded with about 2 million barrels of crude, the journey will cost $81 million. The same journey would have cost $9.1 million last year, on average.

Rescuers were searching for seven missing crew on Thursday from one of two chemical tankers that caught fire overnight just outside Romanian territorial waters in the Black Sea, after Russian drones strayed into national airspace, Romanian officials said.

By Jonathan Saul and Renee Maltezou LONDON, Oct 14 (Reuters) – A container ship and a dry bulk carrier have both sunk near the Strait of Hormuz in the past...

Yemen's Houthis vowed on Wednesday to press on with attacks on airports and oil facilities in Saudi Arabia, a day after a strike that sources said caused extensive damage to the headquarters of oil giant Saudi Aramco2223.SE.

A container ship has sunk near the Strait of Hormuz after being hit by a projectile and a separate dry bulk vessel is sinking in another incident, maritime security sources said on Wednesday.

France's military was taking a tanker suspected to be part of Russia's "shadow fleet" skirting Western sanctions to Reunion island on Tuesday in what Moscow called another act of "piracy."

Dense heavy crude, which oil refiners around the world favor for its typically low cost, is piling up in the Americas as soaring freight rates have stifled exports and US refiners have been running close to their limits. 

DUBAI, Oct 11 (Reuters) – The United States’ response to Iran’s seven conditions in a proposal to reopen the strategic Strait of Hormuz was “insufficient”, Iran’s security chief, Mohsen Rezaei, was quoted by state...

By Jan Wolfe Oct 11 (Reuters) – Republican US Senator Thom Tillis on Sunday said President Donald Trump’s diesel supply deal with Russia may be illegal and will put American lives at risk, adding to bipartisan...

By Joyce Lee SEOUL, Oct 11 (Reuters) – A South Korean container ship completed the country’s first commercial round trip to Europe via the Arctic on Sunday, as authorities bank on the...