Trump Orders Oil Tanker Insurance Support, Says Navy Could Escort Ships in Gulf March 4, 2026 By Jarrett Renshaw and Timothy Gardner The U.S. Navy could begin escorting oil tankers through the Strait of Hormuz if necessary, President Donald Trump said on...
Iran Conflict Disrupts Global Shipping as Tankers Are Stranded, Damaged March 3, 2026 By Jonathan Saul, Emily Chow and Jeslyn Lerh Insurance companies are canceling war risk coverage for vessels in the Middle East Gulf as the widening Iran conflict disrupts...
Belgium Seizes Suspected Russian Shadow Fleet Tanker March 2, 2026 Belgium seized an oil tanker belonging to the Russian shadow fleet on Sunday and suspected of sailing with a “false...
Marine Insurers Cancel War Risk Cover as Iran Conflict Escalates March 2, 2026 By Emily Chow and Jeslyn Lerh Marine insurers are canceling war risk coverage for vessels and oil shipping rates are set to surge further after the...
EU Seeks G7 Coordination on Maritime Services Ban on Russian Seaborne Oil February 26, 2026 By Aigerim Turgunbaeva The European Union needs to coordinate its plan to impose a full maritime services ban on Russia’s seaborne crude oil...
EU’s Russia Sanctions Hit Roadblock Put Up by Hungary, Slovakia February 24, 2026 By Max Ramsay and Daniel Hornak The European Union failed to approve a fresh round of sanctions against Russia as Hungary and Slovakia halted the measures,...
UK Targets Russian Oil Fleet With Biggest Sanctions Hit in Years February 24, 2026 By Alex Wickham The UK government announced new sanctions on Russia’s so-called shadow oil fleet as it ramped up efforts to squeeze energy...
India Grants One-Month Extension to 4 Russian Marine Insurers February 20, 2026 By Rakesh Sharma India temporarily extended permission for four Russian insurers to cover tankers calling at its ports, as the government seeks to...
India to Decide on Russia Oil Tanker Insurance Firms Within Days February 19, 2026 By Rakesh Sharma The Indian government must decide in the next few days whether to keep allowing a handful of Russian companies to...
France Fines Russia-Linked Oil Tanker in Shadow Fleet Crackdown February 18, 2026 By Francois de Beaupuy France will release a tanker after hitting it with a multimillion-euro fine for flouting European sanctions on Russian oil, following...