Treasury Secretary Scott Bessent said the US aims to squeeze Iran’s oil exports to less than 10% of current levels as ...
Ample crude supplies overshadow U.S. threats to curb Iranian oil exports, leading to a fourth consecutive week of falling ...
The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...
Oil prices diverged at settlement on Tuesday amid tariff drama between Washington and Beijing, and after U.S. President ...
The move focuses on an international network that facilitates the shipment of millions of barrels of Iranian oil to China ...
“This shift in capacity utilisation could push VLCC spot rates from the current $45,000 per day to nearly $80,000 per day,” ...
The Trump administration has announced plans to significantly reduce Iran's oil exports to just 100,000 barrels per day through a renewed "maximum pressure" campaign. This aggressive move aims to ...
Oil swung as the market weighed the likelihood that the Trump administration will be able to dramatically slash Iran’s crude ...
Riyadh is concerned that Iran may be more inclined to pursue a nuclear weapon and hopes to leverage its close ties with Trump ...
The Treasury sanctions are directed at more than a dozen people and companies based in China, India and the United Arab ...
Global benchmark crude prices posted their first weekly gain in a month Friday, finding support as the U.S. looked to reduce Iranian crude exports and after President Donald Trump did not immediately ...
A huge and growing amount of Russian and Iranian oil is stuck on tankers worldwide as Western sanctions continue to impede ...