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 ...

Public anger mounts in Iran as the economy deteriorates under US sanctions, with the national currency hitting record lows and hopes for nuclear deal negotiations fading.

A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.

Indian oil refiners navigate US sanctions on Russian crude imports by restructuring supply chains with new entities and ...

Oil prices rise to a two-week high as U.S. sanctions on Russian and Iranian crude tighten supply, while trade tariffs raise ...

Some are existing outfits that have not been impacted by the punitive measures, while others are newly created, replacing those that are now off-limits ...

ELLIOTT ABRAMS is Senior Fellow for Middle Eastern Studies at the Council on Foreign Relations. He served in senior positions ...

MUSCAT: The official price of Oman oil on Tuesday, February 11, for April delivery reached $79.18 per barrel. The price of Oman oil on Tuesday witnessed an increase of $1.17 compared to Monday's price ...

Jefferies estimates that VLCC utilisation was at 83% before US sanctions started ramping up last October. The number has ...

OIL prices climbed about 2 per cent on Tuesday to a two-week high, as sanctions raised concerns about Russian and Iranian oil supplies, outweighing worries escalating trade tariffs would boost ...