The amount of Iranian oil that’s been stuck near Malaysia and Singapore for at least a month is the highest since August, according to OilX, which is part of consultant Energy Aspects.

Oil prices have climbed this week and could go even higher as OPEC+ attempts to control supply and Trump squeezes Iran's oil ...

Oil prices edged up on Thursday on concerns about tighter global supply after U.S. tariff threats on Venezuelan oil buyers ...

The trial in the criminal case of Arif Rasulov and Elnur Rasulov, accused of high treason, has been completed. APA reports ...

Close to a dozen US-sanctioned tankers are idling off Malaysia with Iranian crude, with some having been stationed in the oil-transfer hub for more than a month – a possible sign of slowing ...

A veteran oil expert says benchmark crude prices are likely to remain within a tight range for the foreseeable future as tariff uncertainty continues to rattle global markets.

Iraq's oil minister Hayan Abdel-Ghani has said told state television that Iranian oil tankers stopped by US forces in the ...

Oil prices rose on Thursday after the United States issued new Iran-related sanctions and renewed tensions in the Middle East ...

The Biden Administration, which allowed Iran’s oil exports to soar from 300,000 barrels a day in 2020 to 1.7 million a day in 2024, played whack-a-mole sanctioning front companies for PR purposes.

NEW YORK (Reuters) -Oil prices settled higher on Friday and recorded a second consecutive weekly gain as fresh U.S. sanctions on Iran and the latest output plan from the OPEC+ producer group ...

Iraqi Prime Minister Mohammed Shia’ al-Sudani received Turkish Energy Minister Alparslan Bayraktar in Baghdad to discuss a ...