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

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

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

Iran maintains its nuclear programme is peaceful, and US intelligence has not detected efforts to weaponise it. But the ...

TEHRAN, Mar. 20 (MNA) – lightning struck one of the fuel oil tanks at the Abadan refinery in southwest Iran, sparking a fire that was immediately put out by the firefighters.

"The Trump factor will be the biggest uncertainty for the oil market," Wu said, citing Trump's tougher sanctions imposed on Iran and his threat to place 25% tariffs on countries buying oil from ...

Petron Corp. and Isla Petroleum cut the price of liquefied petroleum gas or LPG by P0.25 and P0.27 per kilogram, respectively ...

Donald Trump rode into office—twice now—on a wave of promises to upend the Washington consensus, to drain the swamp of its ...

The teapot refinery, Shandong Shouguang Luqing Petrochemical — based in Shandong province — was sanctioned for receiving $500 ...

An onslaught of EU, UK and US sanctions to tighten the flow of oil exports from Russia and Iran is targeting brokers, ...

For Iran's clerical leaders, engaging with the "Great Satan" to hammer out a nuclear deal and ease crippling sanctions may ...