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Sanctioned 22-Year-Old Tanker Makes Rare Late-Season Arctic Voyage

A 22-year-old product tanker sanctioned by the European Union is making an unusual late-season voyage along Russia's Northern Sea Route, highlighting the growing use of older, lower-specification vessels to move petroleum products through the Arctic.
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China Completes First Season of Regular Arctic Container Service

China has completed the first season of regular weekly container shipping between China and Europe via the Northern Sea Route, with the operator completing all eight sailings planned for 2026 before ending departures slightly earlier than scheduled because of Arctic ice forecasts.
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Oil prices jump more than 2% after US and Iran trade strikes

Oil prices rose more than 2% Monday after the United States attacked an Iranian island in the Strait of Hormuz and drew retaliation from Tehran, as the six-month-old conflict between the two countries showed no signs of easing. Brent crude futures climbed $2.21, or 2.51%, to $90.31 a barrel as of 0436 GMT. U.S. West ... Read more

The post Oil prices jump more than 2% after US and Iran trade strikes appeared first on BOL News.

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