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

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

Many countries form large, state-owned companies to control oil assets and manage their oil sectors. By keeping these companies private, countries maintain some authority over the production ...

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

The Iraqi Minister stressed that the Iraqi government had immediately informed U.S. authorities of the incident and denied ...

The Biden Administration, which allowed Iran’s oil exports to soar from 300,000 barrels a day in 2020 to 1.7 million a day in 2024, played whack-a-mole sanctioning front companies for PR purposes.

NEW YORK (Reuters) -Oil prices settled higher on Friday and recorded a second consecutive weekly gain as fresh U.S. sanctions on Iran and the latest output plan from the OPEC+ producer group ...

According to Majedi, Iran would be able to easily sell crude oil, petroleum products ... European companies could help develop Iran’s gas fields. Regarding whether Iran and Russia would be ...

Crude oil futures edged higher, with the market weighing the impact of potential supply disruptions against the economic ...