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

Oil futures tanked more than 7% on Thursday morning as Trump's tariffs sent financial markets reeling and new global supply ...

Iran’s Revolutionary Guards Corps (IRGC) has seized a third tanker in a little over a week as the country battles fuel ...

The House Foreign Affairs Committee on Wednesday approved a bill that would impose additional sanctions on any individuals or ...

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

Some 72 years ago, the Iranian Parliament ratified oil legislation that caused extreme worry for neocolonial powers. Led by the then Prime Minister Mosaddegh and religious figures such as Ayatollah ...

the Trump administration is trying to send a signal to Iran's oil customers in China," Esfandyar Batmanghelidj, CEO of the Bourse & Bazaar Foundation, an economic think tank that tracks Iran's oil ...

Ahead of these announcements, oil prices had been rallying after recent moves from the Trump White House — including pressure on Iran to agree to a nuclear deal, tariff threats on imports from ...