The U.S. Treasury on Thursday announced new sanctions on an international network of individuals and companies accused of ...

The sanctions target entities and individuals in China, India and the United Arab Emirates, as well as several vessels.

Aramco raised the official selling price for flagship Arab Light crude by $2.40 to $3.90 per barrel above the Oman/Dubai ...

The U.S. on Thursday imposed sanctions on a network of more than a dozen people and firms that are accused of facilitating ...

Oil rose in early trade after the U.S. imposed sanctions on an international network facilitating the shipment of Iranian crude to China.

The U.S. Treasury said on Thursday it is imposing new sanctions on a few individuals and tankers helping to ship millions of barrels of Iranian crude oil per year to China, in an incremental move to ...

The UAE continued to be Oman’s largest non-oil trading partner in 2024. Oman’s non-oil exports to the UAE during the first 11 ...

US oil shipments surged four fold to 296,000 bpd ... industry officials said. Iraq, Saudi Arabia, UAE and Kuwait supplied a combined 50 per cent of India's crude in December compared to 47 per ...

After 37 years of gainful employment transporting refined petroleum products across the world’s sea lanes, the 40,000-dwt MR1 ...

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports down to zero, a ...