A Greek shipowner sent a second oil tanker through the Strait of Hormuz, bucking caution among the shipping industry as Iran lashes out across the region in response to attacks by Israel and the US.
A Greek shipowner sent a second oil tanker through the Strait of Hormuz, bucking caution among the shipping industry as Iran lashes out across the region in response to attacks by Israel and the US.
Two oil tankers were berthed at key Iranian oil-export facility Kharg Island hours after the US attacked military installations there, according to Tankertrackers.com, a firm that specializes in studying satellite imagery to follow ship movements.
Two oil tankers were berthed at key Iranian oil-export facility Kharg Island hours after the US attacked military installations there, according to Tankertrackers.com, a firm that specializes in studying satellite imagery to follow ship movements.
A view of oil facilities on the Kharg island on the Persian Gulf about 1,250 km (776 miles) south of Tehran on February 23, 2016.(Photo by Morteza Nikoubazl/NurPhoto via AP)
Drone attacks on Russia sparked a fire at an oil refinery and caused damage at a key port in the southern Krasnodar region, while Ukraine faced one of the largest missile and drone barrages so far this year, with at least four people killed.
Drone attacks on Russia sparked a fire at an oil refinery and caused damage at a key port in the southern Krasnodar region, while Ukraine faced one of the largest missile and drone barrages so far this year, with at least four people killed.
A self-defence unit volunteer shows an intercepted Ukrainian drone in Belgorod, Russia. Photographer: ANDREY BORODULIN/AFP
Russia’s oil-export revenue shrank in February to the lowest since its invasion of Ukraine after Western sanctions curbed sales and forced deeper price discounts, while Kyiv continued attacks on oil infrastructure, the International Energy Agency said.
Russia’s oil-export revenue shrank in February to the lowest since its invasion of Ukraine after Western sanctions curbed sales and forced deeper price discounts, while Kyiv continued attacks on oil infrastructure, the International Energy Agency said.
Russia’s crude output declined for a third consecutive month in February, underlining the impact of US sanctions and as Ukrainian drone strikes curb domestic oil-processing.
Russia’s crude output declined for a third consecutive month in February, underlining the impact of US sanctions and as Ukrainian drone strikes curb domestic oil-processing.
An oil pumping jack operates in an oil field near Samara, Russia.
Russia’s President Vladimir Putin urged nation’s oil and gas producers to take advantage of sky-rocketing commodities prices to reduce their debt, because the spike will be temporary.
Russia’s President Vladimir Putin urged nation’s oil and gas producers to take advantage of sky-rocketing commodities prices to reduce their debt, because the spike will be temporary.
Oil pumping jacks in an oilfield near Almetyevsk, Tatarstan, Russia
Russia’s Sheskharis oil terminal at the Black Sea port of Novorossiysk resumed loadings over weekend, bringing some relief to the global market amid the Middle East conflict.
Russia’s Sheskharis oil terminal at the Black Sea port of Novorossiysk resumed loadings over weekend, bringing some relief to the global market amid the Middle East conflict.
Oil tankers moored at the Sheskharis terminal in Novorossiysk on March 8, 2026 indicate that the facility has resumed operations after a drone strike at the start of the month.
US military escorts are urgently needed, but it’s ultimately the ship captains who decide whether to sail.
TOPSHOT - A motorboat cruises along the shore off the town of Al Jeer on the Strait of Hormuz in the northern emirate of Ras Al Khaimah, with a tanker seen in the background, on February 25, 2026. (Photo by FADEL SENNA / AFP via Getty Images) Photographer: FADEL SENNA/AFP
Russia’s flagship crude is selling at the deepest discount in the international marketplace in almost three years as western sanctions deter trade with Moscow.
Russia’s flagship crude is selling at the deepest discount in the international marketplace in almost three years as western sanctions deter trade with Moscow.
Russia’s oil producers reduced the pace of drilling in 2025 to the lowest level in three years, dimming the outlook for output growth this year as Western sanctions and a strong ruble undercut revenue.
Russia’s oil producers reduced the pace of drilling in 2025 to the lowest level in three years, dimming the outlook for output growth this year as Western sanctions and a strong ruble undercut revenue.
Oil pumping jacks, in an oilfield near Dyurtyuli, Russia. Photographer: Andrey Rudakov/Bloomberg
The most extensive sea ice in 15 years around Russia’s key Baltic Sea commodity ports could curb a chunk of the nation’s vast exports program because of a shortage of vessels that can cope with the conditions.
The most extensive sea ice in 15 years around Russia’s key Baltic Sea commodity ports could curb a chunk of the nation’s vast exports program because of a shortage of vessels that can cope with the conditions.
Russian fishermen fish on the ice-covered Gulf of Finland in the port of Saint-Petersburg.
The Russian government’s oil revenues collapsed to the lowest in more than five years in January as weaker global prices, steeper discounts for the nation’s barrels, and a stronger currency took a toll on the budget.
The Russian government’s oil revenues collapsed to the lowest in more than five years in January as weaker global prices, steeper discounts for the nation’s barrels, and a stronger currency took a toll on the budget.
Ukrainian drone strikes on Russian refineries dropped to a six-month low in January, allowing the Kremlin to increase fuel supplies to the domestic market and resume gasoline exports.
Ukrainian drone strikes on Russian refineries dropped to a six-month low in January, allowing the Kremlin to increase fuel supplies to the domestic market and resume gasoline exports.
Long-range drones at an undisclosed location in Ukraine.
Kazakhstan’s largest oil producer is preparing to resume output at the giant Tengiz field, a further step to normalize the nation’s supply to global markets after a series of disruptions in recent months.
Kazakhstan’s largest oil producer is preparing to resume output at the giant Tengiz field, a further step to normalize the nation’s supply to global markets after a series of disruptions in recent months.
Flares burn at the Tengiz oil field in Tengiz, Kazakhstan.
Russia’s first domestically built ice-class tanker docked at the US-sanctioned Arctic LNG 2 plant, expanding the facility’s fleet of vessels able to transport the fuel in winter.
Russia’s first domestically built ice-class tanker docked at the US-sanctioned Arctic LNG 2 plant, expanding the facility’s fleet of vessels able to transport the fuel in winter.
The Alexey Kosygin ship. Photographer: Alligator K/MarineTraffic
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