Oil prices were set for a third weekly gain on Friday as the U.S. ramped up pressure on Venezuela and Iran, though worries ...

Washington has issued new Iran-related sanctions, including a Chinese "teapot," or independent refiner, and vessels that ...

Close to a dozen US-sanctioned tankers are idling off Malaysia with Iranian crude, with some having been stationed in the oil ...

Nearly a dozen massive oil tankers, filled with Iranian crude, are currently sitting idle off the coast of Malaysia. These ...

On Monday, March 24, the US announced 25% tariffs on countries buying oil from Venezuela, thereby targeting Beijing.

Trump warns Beijing by designating a refinery that buys cut-rate oil.

Oil prices eased a touch but held near one-month highs on Friday as they headed for a third weekly gain on a tightening ...

Brent crude futures lost 31 cents at $73.72 a barrel at 0742 GMT, while U.S. West Texas Intermediate crude futures were down ...

“The news around Trump’s tariffs on autos may actually turn out to be a net positive for crude oil because the rise in new ...

SINGAPORE (Reuters) - Trade of Venezuelan oil to top buyer China stalled on Tuesday after U.S. President Donald Trump's order ...

The sanctions are part of the administration’s “campaign of maximum pressure on Iran,” the department said.

Iranian oil shipments into China are set to fall in the near-term after new U.S. sanctions on a refiner and tankers, driving up shipping costs, but traders said they expect buyers to find ...