The US has imposed sanctions on Jugwinder Singh Brar, an Indian national based in the UAE, and two India-based entities for their involveme...

President Trump's administration is considering stopping and inspecting Iranian oil tankers at sea to disrupt oil exports and hinder Iran's...

Oil smuggling remains highly profitable despite sanctions on Russia, Iran, and Venezuela, which together produce about 16 million barrels p...

Biden meets Iraqi leader amid Middle East tensions. Talks cover U.S. troop deployments, economic issues, Iranian proxies' attacks. Focus on...

The genesis of the turmoil that lead to the recent killing of Iran's top military general Qassem Soleimani goes back to 1980 when the Briti...

Almost 200,000 barrels a day of the country’s post-sanctions oil sales could be undisclosed.

The estimate comes amid reports that the terror group is facing cash shortage in its so-called caliphate, slashing the perks and salaries o...

Islamic State terrorists in Iraq may have stolen a case of extremely radioactive material, which they could fashion into a so-called dirty ...

"India has a vital stake in peace and stability in this sub region and in security of the sea lanes connecting it to the outside world," Vi...

The Islamic State militant group has claimed to have started its own currency by minting coins and described the move as a "second blow" to...

The biggest slice of the ISIS budget may come from taxing the "Caliphate's" population, a source of wealth for the group that's harder to c...

To evade international anti-finance measures, the ISIS employs “the three C’s” to conduct illicit trade: cash, crude oil and contraband.

The UN Security Council today unanimously adopted a resolution aimed at cutting off financial support to Islamic State and other Al-Qaeda-l...

IS extremist group popped up on global radar in June by seizing oil assets in Iraq, but building on those early gains, according to energy ...

ISIS allegedly sells much of its oil production to intermediaries in Syria, who then transport it to Turkey, Iran, and Kurdistan.

"ISIL's criminal activities - robbery, extortion, and trafficking - have helped the organisation become the best funded terrorist group in ...

Iraq has dubbed as "illegal" the contracts signed by Reliance Industries' for two oil blocks in Kurdistan saying companies signing oil deal...