Iran's Revolutionary Guards have seized two overseas-registered tankers in the Persian Gulf accused of fuel smuggling.

Oil prices jumped after the US President Donald Trump threatened so-called secondary tariffs on Russia and Iran.

US decision to amass B-2 bombers at Diego Garcia is result of Gulf Arab monarchs closing airspace to American warplanes in ...

The market will be watching for weekly inventory data from US industry group the American Petroleum Institute later on ...

Relations between Iran and the United States - once strong allies - have often been mistrustful and sometimes openly hostile ...

The US has filed a civil forfeiture complaint for $47 million in proceeds from the sale last year of around 1 million barrels ...

Close to a dozen US-sanctioned tankers are idling off Malaysia with Iranian crude, with some having been stationed in the oil ...

Oil prices rose on Thursday after the United States issued new Iran-related sanctions and renewed tensions in the Middle East ...

Washington has issued new Iran-related sanctions, including a Chinese "teapot," or independent refiner, and vessels that ...

Iraqi Oil Minister Abdel-Ghani said several Iranian tankers, which were recently seized by the US, were found to be operating ...

US President Donald Trump is ramping up pressure on Tehran over its nuclear programme. Read more at straitstimes.com.

Oil prices rose on Thursday after the U.S. issued new Iran-related sanctions, data showed a higher-than-expected fuel ...