President Trump is reviving the "maximum pressure" campaign to cut Iran's oil exports to zero while signaling openness to a ...

The Iranian military has the capability to blockade the Strait of Hormuz if necessary, says Iran's naval commander.

The U.S. Treasury Department announced on Thursday new sanctions on Iran’s oil industry, targeting an international network that facilitates the shipment of millions of barrels of Iranian oil to ...

Iran utilizes a “shadow fleet” of tankers and covert methods to evade sanctions and continue exporting oil, with China remaining its largest customer. While the sanctions aim to curtail Iran ...

Oil rebounded to $71 per barrel after U.S. sanctions targeted Iran's crude sales to China, reversing early session losses. Russian Urals crude dropped below $60 per barrel, signaling U.S. and ...

DUBAI: Iran’s President Masoud Pezeshkian urged Opec members to unite against possible US sanctions on the major oil producer, after US President Donald Trump said he would seek to drive Tehran ...

"And we had been even during the first Trump administration working with the administration over getting an arrangement with Iran," he added, noting that Qatar is capable of playing ... aimed at ...

US President Donald Trump’s administration has fired its first political salvo against Iran, imposing sanctions on the country’s oil shipments to China in an effort to block Iran’s nuclear ...

U.S. President Donald Trump on Tuesday restored his "maximum pressure" campaign on Iran that includes efforts to drive its oil exports down to zero in order to stop Tehran from obtaining a nuclear ...

Trump had driven Iran's oil exports to near zero during his first term after reimposing sanctions. They rose under former President Joe Biden's tenure as Iran succeeded in evading sanctions.

NOW OPEN: 200 Charter Memberships to Benzinga Trade Alerts Oil prices slid Wednesday as investors shrugged off Donald Trump's renewed "maximum pressure" sanctions on Iran, focusing instead on ...