China's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...

Iran's Petroleum Minister Mohsen Paknejad arrived in Delhi for BRICS energy cooperation talks, expressing readiness for enhanced economic t...

Oil prices extended their decline on Wednesday, hovering near the four-month lows touched in the previous session, as signs emerged that mo...

Shipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far ...

Brent crude futures rose 24 cents, or 0.38%, to $78.15 a barrel, while U.S. West Texas Intermediate gained 33 cents, or 0.46%, to $74.19 a ...

Iran and the US have made significant headway in talks mediated by Qatar, aiming to end a protracted conflict. A new framework is being fin...

Washington has granted Iran a 60-day waiver on oil sanctions, permitting the nation to produce, export, and sell its crude until August 21....

High-level peace talks between the US and Iran have commenced in Switzerland, led by Vice President JD Vance and Parliament Speaker Mohamma...

A potential deal to end the war between Washington and Tehran presents a paradox: sanctions relief could significantly empower Iran's Revol...

Three cargo ships are now transiting the Strait of Hormuz, signaling a significant shift after the US ended its blockade of Iranian ports a...

Iran is poised to receive significant financial incentives, including immediate oil sales and access to a $300 billion development fund, as...

Iran and United States are set to sign a peace deal involving significant financial concessions and sanctions relief for Iran. The deal see...

Global oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...

The United States aims to stop waivers allowing countries to buy Russian oil. These waivers were temporary measures to boost global supply....

Britain will allow imports of diesel and jet fuel refined in other countries from Russian crude oil, creating a sanctions exemption aimed a...

India has consistently purchased Russian oil, irrespective of U.S. sanctions waivers, according to a petroleum ministry official. The decis...

Washington has extended its sanctions waiver for Russian oil cargoes at sea by 30 days. This move aims to help vulnerable nations access Ru...