Oil tanker | Euronews

English

Economy

Hormuz becomes world's costliest waterway after 300% premium surge

Missile threats, soaring insurance premiums and suspended voyages are reshaping the trade that once went through Hormuz — and consumers will feel it within weeks.

Economy

Trump admin could suspend a century-old law in bid to curb oil prices

The Trump administration is allegedly set to suspend the Jones Act, a century-old federal maritime law. A waiver would allow foreign tankers to transport cargo between US ports as oil prices remain above $100.

Europe News

What are Europe's oil route alternatives to the Strait of Hormuz?

Many European countries like Italy, Greece, Spain, Poland and Belgium rely on the Strait of Hormuz for imports or refining. Experts say the closure of this corridor will not cut off Europe’s oil supply, but will continue to drive up oil prices and disrupt markets.

Libya

Russian LNG tanker catches fire and sinks off the coast of Libya

Libyan authorities said on Wednesday that the "Arctic Metagaz" tanker had sunk in the Mediterranean Sea between their coast and nearby Malta.

ADVERTISEMENT

Economy

Another oil tanker hit by drone boat as Strait of Hormuz tensions rise

An oil tanker has been struck near the Strait of Hormuz, marking another attack in the area that triggered an explosion and left one crew member dead.

Economy

First oil tanker attacked in the Strait of Hormuz according to Oman

An oil tanker was attacked off the coast of Musandam in the Strait of Hormuz. Four people were injured and all 20 crew members were evacuated, according to Oman's Maritime Security Centre.

France

French probe reveals Russian security agents on seized shadow tanker

Two Russian nationals working for a private security company were confirmed to have been onboard a tanker seized by France in September, sources told French media. The vessel was suspected to be part of the Kremlin’s shadow fleet, carrying Russian oil and gas to evade Western sanctions.

France

France releases suspected Russian 'shadow fleet' tanker after fine

Oil tanker named the Grinch has left French waters after the company that owns the vessel paid a penalty worth "several million euros".

Denmark

Russia's 'shadow fleet' reported in Danish waters almost daily in 2025

Sailing from the Gulf of Finland and through the Baltic Sea, the ageing and poorly-maintained tankers mainly transport crude oil as well as refined products such as gasoline and diesel.

Economy

Russia's oil revenues dwindle as sanctions bite, hitting economy

The Kremlin has resorted to higher taxes and borrowing to fill the gap left by dwindling oil revenues and slower economic growth.

World News

Record 6,000 sailors abandoned in 2025, mostly by shadow fleets

In 2025, more than 6,000 seafarers were abandoned on 410 ships, marking the worst year for crew abandonment. The ITF recovered $16.5 million in unpaid wages.

France

France stops sanctioned oil tanker from Russia in the Mediterranean

French maritime authorities for the Mediterranean said the ship, the Grinch, is suspected of operating with a false flag.

USA

US seizes sixth sanctioned tanker in effort to control Venezuela's oil

Trump met with executives oil companies last week to discuss his goal of investing €86 billion in Venezuela to repair and upgrade its oil production and distribution.

USA

US seizes another tanker triying to break Venezuela naval blockade

The Olina seized Friday is "another 'ghost fleet' tanker ship suspected of carrying embargoed oil," US Homeland Security Secretary Kristi Noem said.

USA

US seizes two more sanctioned oil tankers with links to Venezuela

The UK's Ministry of Defence confirmed that it had provided "enabling support" to the US during its operation to seize the tanker.

Venezuela

Crew paints Russian flag on Iran-linked tanker pursued by US

The operation by the US Coast Guard to seize the sanctioned tanker Bella 1 became more complicated after the crew painted a Russian flag, claiming Moscow's protection, during a 10-day Atlantic pursuit. The vessel linked to the Iranian oil trade is reportedly now empty.

Iran

Iranian navy seizes 'foreign' oil tanker in the Strait of Hormuz

Authorities detained 16 foreign crew members but did not reveal their nationalities or the tanker's flag, Tehran-run state media reported.

Venezuela

Venezuela targets US tanker seizure supporters with 'anti-piracy' law

Venezuela's National Assembly approved a law imposing up to 20 years in prison for supporting tanker seizures or blockades. The move follows the US seizure of two Venezuelan oil tankers this month.

Venezuela

US pursuing third oil tanker in international waters near Venezuela

A US official said the vessel was 'a sanctioned dark fleet vessel that is part of Venezuela’s illegal sanctions evasion.' The operation marks the second of its kind this weekend, and the third in less than two weeks.

Venezuela

US seizes second oil tanker off coast of Venezuela

The US has seized an oil tanker that had recently left Venezuela, according to the US Department of Homeland Security. On Tuesday, US President Donald Trump ordered a "blockade" of sanctioned oil tankers coming in or out of Venezuela.