Chinese-built supertankers transporting oil into the United States could be forced to pay fees of up to $5.2 million per each port call, according to new guidelines announced by the Trump ...

By the turn of the decade, output had stabilized, and by around 2023 it was clear that Chinese output was surging; I called it the most overlooked oil boom. The final confirmation came last week ...

"Teapot" is an industry term for small independent oil refiners. The U.S. Treasury Department said in a statement the action would increase pressure on Chinese importers of Iranian oil as Trump ...

HOUSTON (Reuters) -Oil prices settled slightly higher on Monday on exemptions for some electronics from U.S. tariffs and data showing a sharp rebound in China's crude imports in March, but gains ...

(Bloomberg) -- Chinese refiners are importing record amounts of Canadian crude after slashing purchases of US oil by roughly 90% amid escalating trade tensions. A pipeline expansion in Western ...

New sanctions have been issued that are taking aim at Iran’s oil exports, as President Donald Trump and his administration are seeking to put more pressure Tehran. According to Reuters, the ...

WASHINGTON — The Treasury Department imposed sanctions Wednesday on a Chinese refinery accused of purchasing more than $1 billion worth of Iranian oil, saying the proceeds help finance both ...

April 16 (UPI) --The U.S Treasury Department on Wednesday announced sanctions on a Chinese refinery for allegedly importing more than a billion dollars in Iranian oil. The Treasury sanctioned ...

US Issues New Sanctions Targeting Chinese Importers of Iranian Oil By Daphne Psaledakis WASHINGTON (Reuters) -The United States on Wednesday issued new sanctions targeting Iran's oil exports ...