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Oil market sees Iran sanctions having muted impact on exports | Ari Natter and Jennifer A Dlouhy

Legislation pushing Joe Biden to ratchet up sanctions on Iranian crude oil is on track to become law as soon as this week. But don’t expect the president to fully use his new powers any time soon. The measure was passed by the US House of Representatives over the weekend…

Tankers tied to the Russian oil trade grind to a halt following US sanctions | Julian Lee and Alex Longley

A chunk of the vast fleet of tankers that Russia uses to deliver its crude oil is grinding to a halt under the weight of US sanctions, a sign that tougher measures by western regulators might be starting to have tangible effects on Moscow. About half of the 50 tankers that…

Pentagon Asserts Red Sea Safety, But Ship Owners Remain Skeptical

Pentagon Asserts Red Sea Safety, But Ship Owners Remain Skeptical
gcaptain.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gcaptain.com Daily Mail and Mail on Sunday newspapers.

Taiwan Must Spend More On Maritime Defense, Says Top US Navy Admiral

By Daniel Flatley (Bloomberg) Taiwan must gird itself against potential Chinese aggression through military deterrence that includes acquiring the right weapons and proper training, the top US naval officer said on.

Pelosi opens door to virus aid in spending plan

Daniel Flatley/Bloomberg News WASHINGTON House Speaker Nancy Pelosi said there’s an “opportunity” to add federal coronavirus relief aid to a package of legislation funding the government as a February deadline looms. “It is clear from the opportunity that is there and the challenge that is there,”

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