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

Nearly a dozen massive oil tankers, filled with Iranian crude, are currently sitting idle off the coast of Malaysia. These ...

Tehran has warned it will target British forces in the Chagos Islands if Donald Trump follows through on his threat to attack ...

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

The US is chasing $47m in proceeds from a deal allegedly involving Iranian oil that it says was passed around a rogues’ ...

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

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 ...

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

The sanctions are part of the administration’s “campaign of maximum pressure on Iran,” the department said.

The weapons were deployed on Greater Tunb, Lesser Tunb and Abu Musa near the Strait of Hormuz, a globally vital shipping lane. Iran’s Revolutionary Guards have unveiled new missile systems on ...

In recent months, the movement of Iran’s crude from major export terminals such as Kharg Island to cargo-switching hotspots such as Malaysia has been more heavily scrutinised, after the US ...

At least 11 tankers with the Persian Gulf state’s barrels have either come to a halt off Malaysia this week, or are moving at very low speeds. Close to a dozen US-sanctioned tankers are idling ...