A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.

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

Iran shut-down schools and government offices in Tehran and more than 20 of its 31 provinces on Wednesday to conserve ...

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 ...

BAKU, Azerbaijan, February 5. Iran's crude oil exports for the tenth month of the current Iranian year (from December 21, ...

Iran is going to extend the lifespan of South Pars, the world’s largest gas field, by 2 more decades through a series of pressure-boosting projects planned for the field, according to a contractor ...

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