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

TEHRAN - The managing director of the National Iranian Oil Company (NIOC) announced a 70,000-barrel-per-day (bpd) increase in ...

Iran has skirted U.S. sanctions through the use of a 'ghost fleet,' shipping exec says President Donald Trump's recent decision to reinstate a goal from his first presidency to bring Iran's oil ...

The Trump Administration is tightening the screws on the Iranian oil trade with China. U.S. President Donald Trump is restoring the “maximum pressure” campaign on Iran, aiming to drive down ...

The U.S. Treasury Department announced on Thursday new sanctions on Iran’s oil industry ... funds to develop its nuclear program and the production of deadly ballistic missiles and military ...

The Trump administration on Thursday sanctioned individuals affiliated with an international network accused of selling millions of barrels of Iranian oil to China in an effort to fund Iran’s ...

Iran hit out at the United States for imposing new sanctions against its oil industry, as Supreme Leader Ayatollah Ali Khamenei warned against mooted talks with Washington. A spokesman for the ...