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 ...

The U.S. on Thursday issued new sanctions intended to hit Iran's oil exports, including what the State Department said were ...

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.

On Tuesday, Iran's currency dropped to a record low of 1,050,000 rial to the U.S. dollar according to bon-bast.com, which gathers live data from Iranian exchanges. The loss of oil revenue ...

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 ...

Languages: English and Farsi Oil prices surged on Friday, heading for a second consecutive weekly gain, as new U.S. sanctions on Iran intensified concerns over global supply. The latest measures ...

HOUSTON: Oil prices rose on Thursday after the United States issued new Iran-related sanctions and renewed tensions in the Middle East countered strength in the dollar. Brent crude futures settled ...

Iran’s foreign minister said his country responded to a letter from US President Donald Trump on the prospect of new talks over Tehran’s nuclear program, without giving detail on the contents.

Those involved in Iran’s supply chain – from shipowners to ports and oil refiners – have been on high alert after Washington’s latest move to sanction a private teapot refiner, in addition ...