While oil market balances look ever more bloated as forecast supply far eclipses demand towards year-end and in 2026, ...

A CBS News investigation reveals that China is still secretly buying Iranian oil and evading U.S. sanctions by having the oil ...

Iran’s Deputy Oil Minister Hamid Bovard has not stepped down from his post as head of the National Iranian Oil Co. (NIOC), the semi-official Mehr news agency reported on August 11, two weeks after ...

"If the U.S. is bent on imposing tariffs, China will fight to the end, and this is China's consistent official stance," said ...

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...

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

The US has sanctioned a fourth Chinese oil terminal as part of a new wave of penalties relating to the trade of Iranian ...

Treasury Secretary Scott Bessent said China’s dependence on Iranian and Russian oil is a key issue in upcoming trade talks.

Power and water outages have combined with record-breaking heat. Three Iranians tell us how they’ve had to adjust.

President Trump may have a way to go after Russian and Iranian oil exports as a result of OPEC+'s recent decision.

Iranian Light oil was traded at about $6 to $7 cheaper than the United Arab Emirates Upper Zakum crude — a non-sanctioned grade and at similar quality as Iran Light — at $64 per barrel, Muyu ...

Chinese customs have not shown any oil shipped from Iran since July 2022. Ship tracking data from analytics firm Kpler, however, indicated China's Iranian crude imports have continued to rise ...