Languages: English and Farsi Oil prices rose for a second consecutive day after the U.S. tightened sanctions on Iran's oil sector, intensifying economic pressure on Tehran. The fresh sanctions ...

President Donald Trump's sanctions against Iran are designed to shut down the country's oil industry and "collapse its already buckling economy," Treasury Secretary Scott Bessent said Thursday.

Oil prices were under pressure early on Tuesday morning despite the Trump administration announcing fresh sanctions on Iran's oil industry on Monday. - President Trump’s recent push for a deal ...

Trump has vowed to restore a "maximum pressure" campaign to isolate Iran from the global economy and drive its oil exports to zero, in order to stop the country from obtaining a nuclear weapon.

BEIJING (Reuters) - Oil prices rose for a second day on Tuesday as fresh U.S. sanctions imposed on Middle Eastern producer Iran increased concerns supply might tighten and as global refining ...

The U.S. State Department and Department of the Treasury reimposed what they describe as "maximum pressure" sanctions on Iran’s "shadowy" oil trade on Monday as tensions between Tehran and ...

Smaller and more agile tankers are playing an increasingly important role in the transport of Iranian oil to China ... The use of smaller vessels in the Iran-China trade, typically dominated ...

Exclusive-US Mulls Plan to Disrupt Iran's Oil by Halting Vessels at Sea By Jonathan Saul and Jarrett Renshaw WASHINGTON (Reuters) - President Donald Trump's administration is considering a plan to ...

Iran retaliated with attacks at sea — including one that it likely carried out and that temporarily halved Saudi Arabia's oil production. Trump also ordered the attack that killed Iran's top ...

came from Iran, the survey found, with output of 3.30 million bpd. This matched September's figure which was the highest since 2018, according to Reuters surveys. Iranian oil exports recovered ...