Oil prices were down slightly on Friday on prospects for a peace deal between Russia and Ukraine that could ease global ...

Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving ...

US Treasury Secretary Scott Bessent stated that the US intends to reduce Iran's oil exports to less than 10% of its current ...

The Trump administration is seeking to drastically reduce Iran's oil exports to just 100,000 barrels per day through a ...

The arrival of a Chinese chemical shipment in Iran signals a potential resurgence in Iran's missile production capabilities ...

A bipartisan group of lawmakers in Congress is urging European countries party to a 2015 nuclear deal with Iran to trigger ...

As has been widely reported, the U.S. policy of “maximum pressure” towards Iran has returned. On February 4, 2025, the Trump administration ...

A handful of newer Chinese terminals recently began receiving oil tankers sanctioned by the U.S., according to five sources and shipping data, providing logistics relief after a major port operator ...

The US introduced large-scale sanctions against the Russian oil and gas sector in early January, targeting Russian oil and gas majors, tankers, traders, oilfield service companies, chief executives of ...

"Fresh U.S. sanctions on Russia and Iran roiled markets at the start of the year but they have yet to materially impact global oil supply," the IEA said. "Iranian crude oil exports are only marginally ...

The International Energy Agency once again slashed expectations for a global oil surplus this year amid stronger demand ...