OFAC is the Office of Foreign Assets Control, the arm of the US Department of the Treasury tasked with maintaining the ...

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The Chinese government appears to have been left in the dark about Shandong Port Group’s move to ban US-sanctioned tankers ...

Brent crude was down around 1.2 per cent to $76.16/bbl, while US West Texas Intermediate crude fell around, or 1.05 per cent, ...

China's foreign ministry said on Wednesday it was not aware of Shandong Port Group's decision to ban U.S.-sanctioned vessels ...

The Biden administration last month announced sanctions on 35 companies and vessels over their involvement in Iran's shadow fleet ...

China's foreign ministry says that it’s not aware of Shandong Port Group's decision to ban U.S.-sanctioned vessels from its network of east coast harbours.

The ban may raise shipping costs for Shandong's independent refiners buying discounted crude from sanctioned nations.

Shandong Port Group (SPG), the owner of key ports in China's Shandong Province, announced that it will block tankers from the ...

Marine fuels supplier Monjasa has carried out the United Arab Emirates’ and the Middle East region’s first liquefied natural ...

China's foreign ministry said on Wednesday it was not aware of Shandong Port Group's decision to ban U.S.-sanctioned vessels ...