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

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

China brought in 260,312 tons (1.9 million barrels) of Iranian crude oil in December, according to data from the General Administration of Chinese Customs, which last recorded Iranian oil inflows ...

The Trump administration on Thursday sanctioned individuals affiliated with an international network accused of selling millions of barrels of Iranian oil to China in an effort to fund Iran’s ...

Almost every day since the expansion of Canada’s Trans Mountain pipeline was completed in May, a tanker laden with oil sands ...

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

An emerging trade war between the United States and China could drive U.S. crude exports lower in 2025 for the first time ...

Oil prices are under pressure from fears of a prolonged trade war between the U.S. and China, with Brent and WTI both giving ...

China’s top oil and gas companies are selling off underperforming assets and streamlining operations as part of ongoing ...

According to the U.S. Energy Information Administration, slower oil demand growth in 2024 led to less crude oil processed by ...

Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared ...

Feb. 6 (UPI) --The Treasury Department Thursday imposed new sanctions on an international oil network it said ships hundreds of millions of dollars of oil to China to benefit Iran's military.