Category : Search result: sanctioned oil smuggling


US seizes sanctioned oil tanker, Russia condemns action

The US Coast Guard seized the tanker Olina in international waters, intensifying its campaign against 'ghost fleet' vessels moving embargoed crude. Russia condemns the move as a violation of maritime law. Read the full details.

US Crackdown on Shadow Fleet: 4 Tankers Seized

The US intensifies its crackdown on the 'shadow fleet' transporting sanctioned oil from Iran, Venezuela & Russia. We explain how this 3,000-vessel network operates and the risks it poses.

Russian Submarine Escorts Tanker in US Standoff

Russia sends a submarine to escort the tanker Marinera, escalating tensions with the US over sanctions enforcement. The vessel, pursued by the US Coast Guard, changed its flag to Russian. Read the full details.

Oil Pipeline Bursts Twice in Assam's Dibrugarh, Spills Crude

An Oil India Limited pipeline in Dibrugarh's Tingkhong area ruptured twice within 12 hours, spilling crude oil onto farmlands and fish ponds. Locals report dead fish and fire risks. Read more on the environmental impact and OIL's response.

Venezuela, Iran Actions May Worsen 2026 Oil Glut

Geopolitical shifts in Venezuela and Iran could add to a projected 1.5-2 million barrel per day oil surplus in 2026, pressuring crude prices. Analysts warn scarcity fears are fading.

IEA: Low Crude Oil Prices to Continue Till 2026

The International Energy Agency forecasts a prolonged period of low crude oil prices due to a significant supply surplus and slowing demand growth. Discover the key factors and global implications.

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