For Russian oil, tougher sanctions imposed a month ago by the outgoing Biden administration have driven up costs for refiners ...

Oil futures finished higher for a third straight session on Tuesday as traders weighed the supply and demand impacts of ...

The United States has imposed new sanctions on individuals and entities facilitating the sale of Iranian oil to China, aiming ...

The new sanctions came just days after Trump ordered the federal government to put “maximum pressure” on Iran — renewing a ...

The Iranian military has the capability to blockade the Strait of Hormuz if necessary, says Iran's naval commander.

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

The U.S. on Thursday imposed sanctions on a network of more than a dozen people and firms that are accused of facilitating ...

President Donald Trump issued a threat for Iran to be “obliterated” this week as his administration imposed sanctions on ...

The U.S. Treasury on Thursday announced new sanctions on an international network of individuals and companies accused of ...

The Treasury Department Thursday imposed new sanctions on an international oil network it said ships hundreds of millions of ...

The US Treasury announced the sanctions on Thursday, saying that they are aimed at Iran’s “oil network”. The measures targeted firms, ships and individuals affiliated with companies already ...

Unilateral sanctions against major oil-producing countries are threatening global oil and energy market stability and hurt consumers globally, Iran’s Oil Minister Mohsen Paknejad said on Wednesday.