Iran's Revolutionary Guards have seized two overseas-registered tankers in the Persian Gulf accused of fuel smuggling.
Iran plans to dramatically boost oil production from shared fields with Iraq, particularly in the West Karoun cluster.
Close to a dozen US-sanctioned tankers are idling off Malaysia with Iranian crude, with some having been stationed in the oil ...
Oil prices jumped after the US President Donald Trump threatened so-called secondary tariffs on Russia and Iran.
Oil diplomacy could become a hallmark of Donald Trump's second term in office, if the last few weeks are any guide, but ...