According to the US Treasury, the sanctioned tankers move crude oil valued at hundreds of millions of dollars.

The U.S. State and Treasury departments imposed a fresh round of what they called "maximum pressure" sanctions on Iran’s ...

Iraq reaffirmed its commitment to the OPEC+ agreement on Monday and said it would present an updated plan to compensate for ...

Oil futures attempted to find their footing Monday, after ending last week with a rout that accompanied a steep selloff in ...

There are more than 20,000 abandoned oil and gas wells in Oklahoma. The Oklahoma Corporation Commission uses state and ...

Oil prices settled down more than $2 a barrel on Friday, posting a weekly decline as investors grappled with a fading Middle ...

A number of decisions are pending … that could drive the oil price in one direction or the other,” one analyst noted.

The US on Monday imposed sanctions on dozens of people and oil tankers across China, the United Arab Emirates, India and ...

The United States has added four Indian companies to its sanctions list for their involvement in the illicit trade of Iranian ...

Oil prices were mixed in the early Asian session, but may be weighed by prospects of more supply.

Restarting the Santa Ynez Unit oil infrastructure locks us into decades of pollution; pipeline failure would lead to ...

Western sanctions on some oil producers, like Iran, Russia and Venezuela, have caused a growing number of oil tankers to “go ...