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 ...

"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 ...

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 ...

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 ...

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 ...