Iran plans to dramatically boost oil production from shared fields with Iraq, particularly in the West Karoun cluster.

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

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

The pressure campaign on Iran aims to drive its oil exports to zero. Last week, the U.S. Administration imposed additional sanctions on the Iranian shadow fleet, designating more than 30 people ...

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

- Oil prices rose about 1% in choppy trade on Monday as U.S. President Donald Trump threatened to impose secondary tariffs on buyers of Russian oil and warned Iran of possible military action if ...

President Donald Trump's administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering the spread of weapons of mass destruction ...

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 ...

The US Treasury on Thursday issued new Iran-related sanctions, targeting entities including for the first time a Chinese “teapot”, or independent refinery, and vessels that supplied crude oil ...

Crude oil futures traded higher on Friday morning after the US imposed fresh sanctions on Iran. Added to this, the Organisation of Petroleum Exporting Countries and its allies, known as OPEC+ ...

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 ...