Venezuela has increased crude shipments to China amidst the tightening of US sanctions against the oil industry.

US Slaps Iran-Related Sanctions on Oil Tankers, China 'Teapot' Refinery By Timothy Gardner WASHINGTON (Reuters) -The U.S. on Thursday issued new sanctions intended to hit Iran's oil exports ...

New sanctions have been issued that are taking aim at Iran’s oil exports, as President Donald ... its negotiations with Iran over its plans to expand its nuclear program. Trump also held talks ...

The Trump administration is imposing sanctions ... sanctions. Iran's oil minister Mohsen Paknejad reacts after the government meeting in Tehran, Iran, March 5, 2025.(Reuters) The US Treasury ...

Iran has been battling an acute energy crisis for months because of gas shortages, and repairing any damage would both be costly and take significant time.

The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.

Oil prices leaped, and stocks slumped on worries that escalating violence following Israel’s attack on Iranian nuclear and ...

India’s Adani Group on Monday denied “any deliberate engagement” in sanctions evasion or trade involving Iranian-origin liquefied petroleum gas, after the Wall Street Journal reported that US ...

Near-term progress in a renewed nuclear agreement between the United States and Iran could add further downward pressure to a delicate oil market, potentially heralding more fiscal pain for Gulf oil ...