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#Oil (2)

US Weighs Easing Sanctions on Russia's Shadow Fleet
Economy

US Weighs Easing Sanctions on Russia's Shadow Fleet

The administration of US President Donald Trump is considering easing sanctions on so-called shadow fleet vessels that have transported oil and petroleum products from Russia, Iran, and Venezuela, to cut record-high global tanker freight rates, a US official said on Wednesday (14/10/2026), according to Reuters.

• 3 min read
Oil Tanker Explodes in Strait of Hormuz as US-Iran Tensions Rise
World

Oil Tanker Explodes in Strait of Hormuz as US-Iran Tensions Rise

Saturday (3/10/2026): Iranian state television reported an oil tanker exploded in the Strait of Hormuz after switching off its Automatic Identification System (AIS); Iran's Mehr news agency reported a loud blast heard off Qeshm Island; the ship's identity, casualties, and exact cause have not been independently verified.

• 4 min read