Russia shipped a diesel cargo to Syria onboard a tanker under US sanctions, the first known such direct supply to the Middle Eastern country in more than a decade, LSEG data showed. The final destination of the cargo is unclear. Russia has two main military...

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The Panama Maritime Authority, which oversees shipping and port infrastructure in the country, will request all legal and financial documents from a key transaction between CK Hutchison and a consortium backed by BlackRock, minister to presidency Juan Carlos Orillac...

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Could we see dramatically higher implied volatility in crude oil options in the coming months? In Q2 2025, OPEC+ will have to revisit its production cuts, which have taken 3.5 million barrels of oil per day off the market, costing them market share (Figure 1). This...

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President Donald Trump’s administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering the spread of weapons of mass destruction, sources familiar with the matter told Reuters. Trump has vowed to...

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