Oil prices rose by over 1% with WTI and Brent crude nearing $65 and $70 respectively, as escalating U.S.-Iran tensions and ...

But using the same strategy the White House directed at Venezuela is seen as likely to spark retaliation by Tehran and a surge in oil prices.

Europe and the UK already have a blueprint for supporting Venezuela's people – stop importing its oil while it is controlled ...

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US Department of Defense says Aquila II was intercepted after defying the Trump administration's blockade of oil shipments to ...

U.S. military forces boarded a sanctioned tanker in the Indian Ocean after tracking the ship from the Caribbean Sea as par ...

At least seven oil tankers have been seized by the US since last year, as the Trump administration moves to control the supply of Venezuelan oil, the country’s main economic resource. On 7 January, ...

UK broker says existing Russian-trading fleet can only handle 80% of the country’s Western exports For ads that aren’t ...

Guangdong Songfa Ceramics disclosed on 10 February that its subsidiary, Hengli Heavy Industries, has secured contracts for ...

The Texas GulfLink project was just licensed to build an oil-shipping hub 30 miles into the U.S. Gulf, but demand for such ...

The Indian Coast Guard seized three tankers that it said were involved in oil smuggling, the first sign of the country getting tough on the so-called dark fleet.

Oil and gas exports have sustained Russia's finances throughout its war against Ukraine. But as the fourth anniversary of the ...