The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher US sanctions reduced the number of buyers, leaving fewer tankers available to deliver cargoes and driving up ...

The U.S.S. Harry S. Truman, which had launched airstrikes against the Houthis in Yemen, struck a commercial vessel near Port ...

The latest U.S. sanctions on Russia’s oil trade have brought a swath of tankers that deliver Moscow’s crude to a halt.

Last week, the Islamic Revolutionary Guard Corps Navy (IRGCN) gained an interesting new addition – the Shahid Bagheri, ...

The sanctions have affected one very-large crude carrier (VLCC) and two Aframaxes that the Treasury Department said helped ...

President Donald Trump’s maiden sanctions package targeting a handful of vessels carrying Iranian oil stopped short of the ...

Decommissioned in 2023, the ship was sold to Indian cash buyer Lyla Trading, which market sources said was required to spend ...

Iran will respond immediately and decisively if its nuclear sites are attacked, which would lead to an "all-out war in the region," Tehran's Foreign Minister Abbas Araghchi told Al Jazeera TV in ...

FIRST ON FOX: A covert agency within Iran’s Ministry of Defense and Armed Forces Logistics, tasked with the development of Iran’s nuclear program, has been found to be operating out of top ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. Goldman Sachs analysts predict Brent crude prices could ...

Zvezda delivers US-sanctioned ice-class tanker with LNG carrier poised to follow ... Imports from Russia, Venezuela and Iran were almost one-fifth of China’s total oil imports last year.