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

The payments, by South Korea for Iranian oil, were initially frozen in Seoul bank accounts in 2019, after the Trump ...

“A bold move considering Iran still ships as much ... leading all other sectors. Major oil companies also saw strong moves higher, with both Exxon Mobil Corp. (NYSE:XOM) and Chevron Corp ...

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

The Trump administration is seeking to drastically reduce Iran's oil exports to just 100,000 barrels per day through a ...

Privately-run terminals in China have taken deliveries from US-sanctioned oil tankers, suggesting that a region that is home ...

Oil flows from Iran to China rebounded this month after traders smoothed out logistical bottlenecks caused by tighter U.S.

Latifi noted that from the beginning of the year until late January, Iran exchanged 93.57 million tons of non-oil goods with its neighbors, representing 59.2 percent of the country's total trade ...

U.S. Treasury Secretary Scott Bessent said the U.S. wants to reduce Iran's oil exports by more than 90%, according to Bloomberg, which cited a Friday interview with Fox News. That would further ...