The Trump administration is imposing sanctions on Iran’s oil minister, as well as targeting more companies and vessels linked to the “shadow fleet” that Tehran uses to circumvent sanctions.

Saudi Arabia is set to significantly reduce crude oil shipments to China in April due to planned refinery maintenance, ...

IEA projects global oil supply to exceed demand by 1 million b/d in 2025 due to trade tensions and OPEC+ cuts.

Trump, a dealmaker and opportunist more than a statesman, might shrug off his more hawkish Middle East advisers and just pursue a deal that would appease the isolationists.

The United States imposed sanctions on Thursday on Iran's oil minister Mohsen Paknejad and some Hong Kong-flagged vessels, ...

Russia is asking companies to propose which sanctions Moscow should seek to have lifted ahead of talks with Washington, two ...

Crude oil exports fell $1.37 billion month-on-month to $8.26 billion, while petroleum products dropped $1.07 billion to $5.02 ...

India increased its imports of non-Russian crude oil from Africa and South America in February due to concerns and ...

World oil demand is now expected to rise by 1.03 million bpd in 2025, the IEA said on Thursday, down 70,000 bpd from last ...

India became the biggest buyer of Russian seaborne oil sold at a discount after Western nations imposed sanctions on Moscow for its 2022 invasion of Ukraine in 2022.

Iraq is exploring alternatives to Iranian gas imports, including options in the Gulf, a government official said, as it seeks ...

"This is symbolic," he said, referring to the modern new offices in Russia's most European city. "Europe will increasingly ...