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Surging Oil Tanker Insurance Points to Growing Black Sea Chaos
Jan 15 2026 // The cost of insuring ships sailing through the Black Sea is surging again, as spiraling attacks on vessels underscore the growing risk of hauling commodities through the region. Underwriters are now charging about 1% of...
Dark Fleet Seeking Russian Protection as US Seizes Oil Tankers
Jan 15 2026 // The dark fleet of tankers shipping illicit oil around the world is rushing to seek the perceived protection of the Russian flag after the US started seizing vessels involved in the Venezuelan trade. At least 26 ships have...
Companies Work to Handle Safety Challenges of New Venezuelan Oil Exports: Sources
Jan 12 2026 // Oil companies aiming to participate in new exports of Venezuelan crude to the U.S. following the ouster of President Nicolas Maduro are in hasty discussions to find tankers and put together operations to transfer the crude...
Company Hit With $9 Million Fine for 2023 Oil Spill off Louisiana Coast
Jan 9 2026 // Pipeline safety regulators this week assessed their largest fine ever against the company responsible for leaking 1.1 million gallons of oil into the Gulf off the coast of Louisiana in 2023. But the $9.6 million fine...
US Wants Venezuelan Oil Flowing Again With Revenues in US Accounts, Wright Says
Jan 7 2026 // Energy Secretary Chris Wright said on Wednesday the United States government wants to get Venezuelan oil flowing again, deposit money into U.S.-controlled accounts and create conditions for U.S. oil companies to enter the...
Oil Tankers Sail From Venezuela With no Flag or Safety Documents, Shipping Data Show
Jan 6 2026 // Tankers loaded with Venezuelan crude and fuel that left the country’s waters in recent days are sailing in international waters without a known flag or ship safety documentation in place, shipping data showed. The...
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