Iran war: U.S. Treasury said it remained ready to take economic action against Iran's military industrial base to prevent Tehran from recon...

Washington has revised its proposed U.N. resolution demanding Iran halt attacks and mining in the Strait of Hormuz but the changes are unli...

Iran and the US face a prolonged standoff. The US is intensifying economic pressure on Iran's economy. Iran indicates it can withstand the ...

China's Commerce Ministry has blocked U.S. sanctions on five Chinese oil refiners. These companies were accused of purchasing oil from Iran...

Tightened US naval restrictions in the Strait of Hormuz have sharply reduced Iran’s oil exports, forcing the country to cut production as s...

Chinese refiners are seeking Iranian crude oil. This comes after oil prices dropped significantly. Beijing has provided new import quotas t...

China, a major buyer of Iranian oil, faces new challenges. A U.S. sanctions waiver on Iranian oil means increased competition and higher pr...

Strait of Hormuz: About a fifth of the world’s oil passes through the vital waterway, and the passage of ships has slowed dramatically sinc...

The U.S. has imposed its fourth round of sanctions targeting Iran's oil and petrochemical trade, this time including a Chinese independent ...

A potential lifting of U.S. sanctions on Iran's oil exports threatens Chinese independent refineries reliant on discounted Iranian crude, p...

Oil prices experienced a roughly 1% decrease on Monday as the United States and Iran initiated discussions to establish a framework for a p...

The U.S. has intensified pressure on Iran by imposing new sanctions targeting its oil exports, including a China-based refinery. This actio...

The Trump administration imposed sanctions on Iranian oil trading networks, including a China-based crude oil storage terminal, just before...

The United States has imposed sanctions on a China-based refinery for purchasing $500 million worth of Iranian oil. The oil was reportedly ...

Teapot purchases fell more than 31% in January-May from the same period a year prior, showed data from analytics firm Kpler, as COVID-19 co...

China took in Asia’s largest share ofUS oil.

The government announced new guidelines that opens the door to the direct purchase of crude on the international market by independent refi...