China’s private refiners dominate purchases of oil from Iran and Russia, which is cheaper than other grades, but they were ...

Iran has brought in fresh petrol price increases, as US sanctions force the oil-rich country to import refined fuel. Tehran ...

Iran is aggressively expanding partnerships with allied states to grow its oil and gas sector despite Western sanctions and rising unsold crude inventories.

Iranian judicial authorities have seized a foreign oil tanker and detained its 18 crew members in the Sea of Oman.

(Reuters) -The European Union, Britain and the U.S. have imposed a raft of sanctions against Russia over its war in Ukraine. In October, the U.S. targeted Russia's two top oil producers, Rosneft and ...

Iran condemned the U.S. seizure of a Venezuelan oil tanker, calling it “piracy” and a violation of international law.

Turkey is navigating sanctions and supply disruptions in its push to secure reliable natural gas, including an Iranian ...

Iran's rial currency has fallen to a new low of 1.2 million to the U.S. dollar as nuclear sanctions squeeze the economy.

The United States is escalating its pressure campaign on Venezuela’s leader, Nicolás Maduro, after seizing an oil tanker off ...