Iran's Revolutionary Guards have seized two overseas-registered tankers in the Persian Gulf accused of fuel smuggling.

If the sanctions are expanded ... the consequences will reach far beyond Iran, could reshape geopolitics, and send shockwaves ...

The United States' latest sanctions on Iranian oil, targeting Chinese refineries, are increasing geopolitical tensions and ...

China, Iran’s main oil customer, is the architect of Iran’s “shadow financial channels which run from its oil rigs to the virtual vaults of its central bank,” the Economist reported last ...

The US is applying pressure to Iranian crude exports after President ... Baker Hughes reported last Friday that active US oil rigs in the week ending March 14 rose +1 rig to 487 rigs, mildly ...

The outlook for new sanctions on Iranian and Russian crude exports could ... Baker Hughes reported last Friday that active US oil rigs in the week ending January 31 rose by +7 to 479 rigs ...

President Donald Trump's administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering the spread of weapons of mass destruction ...

The main turning point this year came from a swap deal between state-run firms PDVSA and National Iranian Oil Company (NIOC ... firms to operate workover rigs. By mid-December, there were a ...

The number of oil rigs in the US decreased by one during the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil dropped to 486, while gas ...