Add Yahoo as a preferred source to see more of our stories on Google. An illustration of an oil rig silhouette over the Iranian flag. (photo credit: Melnikov Dmitriy. Via Shutterstock) “Today’s action ...

COPENHAGEN, Feb 19 (Reuters) - Denmark's maritime authority said on Thursday it had detained and inspected an Iran-flagged container vessel anchored in the Nordic country's waters on the grounds that ...

The Treasury Department announced new sanctions Thursday targeting 29 vessels that the U.S. says are part of Iran’s “shadow fleet,” used to transport oil and petroleum products through deceptive ...

LONDON/SINGAPORE, Dec 15 (Reuters) - The cost of shipping oil is likely to remain high in the first half of 2026 as the global fleet ages and a rising number of vessels are hit with Western sanctions, ...