Oil prices finished with daily gains on Friday after new sanctions were imposed on Iran's crude exports but prices were down ...

Russia is facing a significant oil transportation crisis due to recent U.S. sanctions, according to Bloomberg oil strategist ...

Washington "will not tolerate Iran’s destructive and destabilizing behavior," the State Department spokeswoman said.

A hefty rise in weekly U.S. crude supplies contributed to oil's losses this week. The Energy Information Administration reported Wednesday that commercial crude inventories climbed for a second week ...

Khamenei’s remarks upend months of signals from Tehran to the United States that it wanted to negotiate over its rapidly ...

Oil headed for its third week of losses as concerns over a US-China tariff war outweighed the risk to supply from sanctions ...

Politically connected Florida magnate Harry Sargeant III has made a fortune off oil and asphalt deals worldwide.

Following an unexpected delay, Hamas on Friday released the names of the three latest hostages set to be released as part of ...

US sanctions targeting Russia’s oil fleet are creating serious risks for the country’s export capabilities. Source: Bloomberg ...

The sanctions have affected one very-large crude carrier (VLCC) and two Aframaxes that the Treasury Department said helped ...

ELLIOTT ABRAMS is Senior Fellow for Middle Eastern Studies at the Council on Foreign Relations. He served in senior positions ...

Iran has rejected Trump’s threats and dismissed the sanctions as ineffective, claiming that economic pressure will not force them into submission. Iranian President Masoud Pezeshkian called Iran “a ...