Iran has discovered a major gas field in southern Fars province containing 7.5 trillion cubic feet of gas, with 5.7 trillion cubic feet rec...

US Treasury Secretary Scott Bessent has declared an “economic D-Day” against Iran, saying Washington will use its full range of powers to s...

Iran warns of devastating retaliation against new United States sanctions. United States Treasury chief Scott Bessent plans the toughest fi...

Iran's Mohsen Rezaei stated the Strait of Hormuz remains closed until US behavior changes. He claimed America relies on economic pressure a...

Trump is betting that tighter sanctions, a naval blockade and broader economic pressure can push Iran into accepting a US-backed deal after...

Tehran has allowed Iraqi oil tankers passage through the Strait of Hormuz. This decision follows repeated requests from Baghdad over the pa...

Over fifteen million barrels of oil moved through the Strait of Hormuz with US military assistance. Total shipments leaving the region, inc...

Iran's Parliament Speaker Ghalibaf stated Iran supports Iraqi consensus and independence. Economic cooperation will advance with an upcomin...

United States Treasury chief Scott Bessent announced unprecedented sanctions against Iran. These stringent measures aim to avoid significan...

US Treasury Secretary Scott Bessent said Washington will impose the “toughest sanctions in history” on Iran, with details expected Monday, ...

As tensions rise in the US-Iran conflict, oil prices remain steadfast above ninety-two dollars per barrel. Concerns loom over the security ...

Oil prices climbed to three-week highs as uncertainty over the Iran conflict and Strait of Hormuz disruptions raised supply concerns. Brent...

China's growing demand for Russian crude oil is impacting India's supply. India's imports from Russia's European ports have significantly d...

India and U.S. oil refiners are benefiting from global fuel supply disruptions caused by wars in Iran and Ukraine, boosting refined fuel ex...

Crude oil prices edged closer to $92 a barrel on August 19 as escalating Middle East tensions and diplomatic stalemates between the US and ...

Oil prices climbed for a fourth day due to supply uncertainty. Investors weighed conflicting messages from Tehran and Washington on the Str...

US Energy Secretary Chris Wright announced steps to increase refinery fuel output soon. High gasoline prices are a concern for President Do...