Chinese buyers appear to be rebalancing their crude sources after US sanctions on Russia in January, Signal says ...

U.S. and EU sanctions on Russia’s dark fleet and Iran are removing tankers from circulation, driving up VLCC demand. Jefferies: sanctions sideline about 15% of the global fleet. ADNOC L&S is ...

Aframax can carry up to 800,000 barrels, a Suezmax up to 1 million barrels, and a VLCC up to 2 million barrels. Russia's buying has helped boost prices for used Aframax tankers which have spiked ...

With Russia, the situation is more nuanced. Russia trade is more of an Aframax/Suezmax story than a VLCC one, but it could also have implications for the largest vessels. In the improbable case ...