The US has partially lifted sanctions on Iranian oil exports following “encouraging” talks over ending their months-long war. The US Treasury on Monday issued a 60-day sanctions waiver, which would ...

Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a cargo ship was struck near Oman, raising concerns over crude ...

Iran warned the U.S. and Israel against any "miscalculation" ahead of Ayatollah Ali Khamenei's funeral as U.S. Ambassador ...

A U.S. official told CBS News talks with Iran were set to continue and both the U.S. and Iran will stand down after trading strikes over the weekend. Vessels will be allowed to move freely in the ...

Donald Trump threatened on Wednesday to abandon talks with Iran if it tries to impose tolls or other charges on shipping through the Strait of Hormuz, as both sides continue to diverge on issues key ...

American investors are flocking back to the country’s vast reserves, lured by promises of reform. But the officials who ran the industry into the ground are still the ones in charge.

Add Yahoo as a preferred source to see more of our stories on Google. President Donald Trump complained about elevated gas prices in the U.S. and accused oil companies of gouging customers in an ...

President Donald Trump threatened to impose a "100% TARIFF" on the goods of any country that imposes a digital services tax on U.S. companies. "This TARIFF will supersede Trade Deals made with the ...

WASHINGTON — President Trump called on the Justice Department to investigate large oil companies over elevated gasoline prices despite the cost of crude going down now that the Strait of Hormuz has ...

Add Yahoo as a preferred source to see more of our stories on Google. President Donald Trump speaks at a Rose Garden Club dinner with farmers, in the Rose Garden of the White House, Thursday, June 25, ...

American companies have not been able to buy Iranian oil directly since 1987, when President Ronald Reagan banned imports in retaliation for the Tanker War. Congress also banned indirect imports in ...

The president claimed the tariffs would override a trade deal with the European Union, which European officials finalized just days ago. By Ana Swanson and Jeanna Smialek Ana Swanson reported from ...