The sanctions target oil brokers in the United Arab Emirates (UAE) and Hong Kong, tanker operators and mangers in India and China, the head of Iran's National Iranian Oil Company ...

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 ...

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.

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 ...

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 ...

BEIJING: 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 margins remained ...

Not only was China continuing to import many millions of barrels of crude oil from Iran every single month, but plans remained in place to continue to do so. Specifically, as exclusively ...

Saudi Arabia led production in January 2025 with 8.937 million bpd, followed by Iraq at 3.999 million bpd and Iran at 3.28 million bpd. OPEC+ members collectively produced 13.947 million bpd in ...

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 ...