The russian shipping company Sovcomflot, which the media calls the operator of the so-called "shadow fleet", has ...

The U.S. government is studying ways it could ease sanctions on Russia's energy sector as part of a broad plan to enable ...

Russia is among the world's largest oil and gas producers, and the U.S. has sought to starve Russia of the cash it needs for ...

Russia's largest tanker operator, Sovcomflot, has blamed Western sanctions for a dramatic fall in profits in 2024 and warned ...

The company said last month that the sanctions’ pressure against the company had been increasing steadily over the last three ...

Russia's leading tanker group Sovcomflot on Friday blamed Western sanctions for a profit slump in 2024 and warned that new ...

Hungary's biggest bank, OTP Bank , increased its net profit last year to more than 1.0 trillion forints ($2.9 billion), ...

Russia's leading tanker group Sovcomflot said on Friday that its net profit had dropped by 55% to $424 million in 2024.

Greek shipowners are increasingly returning to the transportation of Russian oil. On the one hand, part of it is sold at $ 60 ...

The sanctions list also includes Invest Flot LLC and Yuzhny Flot LLC that are associated with SCF Arctica, according to the EU. The EU has also added 74 tankers that do not belong to EU countries to ...

SINGAPORE/NEW DELHI (Reuters) - Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving demand for Middle Eastern and African ...

The vessel is operated by Fornax Ship Management in Dubai, which was sanctioned by the US on 10 January, for allegedly supporting Russian state shipowner Sovcomflot. The tanker itself was ...