The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...

The Iranian military has the capability to blockade the Strait of Hormuz if necessary, says Iran's naval commander.

Iran's economy is in freefall, with soaring inflation, a collapsing currency, and growing poverty pushing millions to the ...

Iran's Oil Minister has dismissed the effectiveness of the renewed US "maximum pressure" campaign, stating that efforts to ...

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

The United States has imposed new sanctions on individuals and entities facilitating the sale of Iranian oil to China, aiming ...

The move focuses on an international network that facilitates the shipment of millions of barrels of Iranian oil to China ...

But Trump's goal of reducing Iranian oil exports to zero during his first presidency was "never fully achieved." A chart of Iran's crude-oil exports from Kpler shows a drop in exports to 149,787 ...

On Tuesday, U.S. President Donald Trump signed a presidential memorandum to apply “maximum pressure” to choke off Iran’s economy, including bringing Iran’s oil export to a complete halt. “It is a wish ...

"Trump unable to operationalize his threats to bring Iran's oil exports to zero," the commander of IRGC Navy said on Saturday in remarks to commemorate the 46th anniversary of the Islamic Revolution ...

We have the capability to close the Strait of Hormuz,” Alireza Tangsiri, commander of the Iranian Revolutionary Guard Corps ...

The Trump administration's tariff policies and its promise to impose stronger sanctions against Iran could crimp demand in the more oil-intensive parts of the global economy and bring crude-oil demand ...