The U.S. and other western countries have issued sanctions on Russian oil exports since 2022. The Planet Money team explains how the country's shadow fleet of aging oil tankers evades policing.

Over 1.2 billion barrels of oil are currently in transit on tankers, driven by increased supply from OPEC+ and non-OPEC+ ...

Crude tankers are once again firing on all cylinders, with freight rates surging across all segments as oil in transit ...

The International Energy Agency predicts production to outstrip demand by a record 4 million barrels per day by next year.

The European Union has agreed on a new raft of sanctions against Russia targeting its shadow fleet of oil tankers and banning ...

The Jalisco New Generation Cartel has mastered the use of tankers to smuggle fuel to Mexico. U.S. oil players are helping ...

Samsung Heavy Industries Co., a major South Korean shipbuilder, said Friday it has received a 341.1 billion-won (US$237 ...

A fire and explosion on a crude palm oil tanker at a shipyard on Indonesia’s Batam Island has killed at least 10 people and ...

Ever since US President Donald Trump pulled out of the Iran nuclear deal and reimposed sanctions in 2018, “Iran has been ...

At least 11 critical undersea cables have been cut in the Baltic Sea in the past two years. Authorities suspect Russian ...

A massive oil slick containing around 900 metric tons of fuel oil from the December 2024 sinking of two aging tankers is ...

In October last year, a fuel tanker explosion killed 153 people in Jigawa state, north-west Nigeria. In January this year, a ...