Washington has imposed multiple rounds of sanctions on ships and entities dealing with oil from Iran and Russia since October ...

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

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.

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

Trump said that stopping Tehran from developing nuclear weapons could be done either with bombs or by signing a deal ...

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 ...

The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...

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 ...

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

The EIA increased its estimate for U.S. crude production while leaving its demand forecast unchanged. It now expects U.S.

Crude oil futures climbed to a two-week high Tuesday, as concerns over sanctions on Russian and Iranian oil supplies as well as rising Middle East tensions outweighed worries that a potential trade ...

Oil prices edged up to a two-week high on Tuesday as sanctions raised concerns about Russian and Iranian oil supplies and on rising Middle East tensions, outweighing worries that trade tariffs would ...