The United States on Wednesday sanctioned dozens of individuals, entities and vessels accused of being an Iranian oil and petroleum shipping network.

The U.S. is intensifying sanctions, targeting Chinese entities involved in trading Iranian oil and petrochemical products, ...

U.S. Treasury Secretary Scott Bessent acknowledges China's position on oil purchases but suggests an overall trade deal ...

Iranian crude builds up offshore as over 30 million barrels float near Malaysia, the highest in more than five years.

Ukrainian forces have used domestically produced drones and missiles to attack Russia's critical military and energy facilities.

An estimated 30 million barrels of Iranian crude oil are floating unsold in Malaysian waters. China, the main buyer of the ...

The U.S. government has imposed sanctions on six Indian companies accused of importing and marketing Iranian petroleum and ...

China’s imports of Iranian crude contracted by almost a third last month, in part due to subdued demand from private refiners ...

Iran is rich in oil, and taking away its capacity to sell it would limit the country’s revenue. The U.S. has used sanctions relief as a bargaining chip in the past to stop Iran from further ...

Ukraine has launched a dramatic strike just hours before the high-stakes Trump-Putin summit in Alaska. President Volodymyr ...

New Delhi: US President Donald Trump has imposed sanctions on and banned six Indian countries over oil trade with Iran. The purpose of the ban is to destroy Iran’s energy trade and shipping network.

Iran exported 48 million tons of non-oil goods worth $16.5 billion in the first four months of the current Iranian calendar ...