Oil futures tanked more than 6% on Thursday 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 supply oil.

International sanctions appear to have hit Iran's economy as the rial hits a record low, with over one million rial being traded for a single dollar.

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

Oil diplomacy could become a hallmark of Donald Trump's second term in office, if the last few weeks are any guide, but ...

The Organization of the Petroleum Exporting Countries (OPEC) reported that Iran’s oil production in February rose from the previous month's level of 3.274 million bpd. The increase comes as the new ...

The Trump administration is imposing sanctions on Iran’s oil minister, as well as targeting more companies and vessels linked to the “shadow fleet” that Tehran uses to circumvent sanctions.

Oil prices edged up on Thursday on concerns about tighter global supply after U.S. tariff threats on Venezuelan oil buyers ...