War can lead to ‘complications on energy producers’ and hardships on national economies, Iran’s oil minister warned on ...

By bnm Tehran bureau Iran topped global crude oil production growth in 2024, increasing output by 374,000 barrels per day (bpd) to achieve a 13% rise, according to OPEC's latest statistical bulletin.

The United States on Wednesday announced sanctions against 22 foreign companies accused of helping Iran sell crude oil in ...

Without a major change in the Iranian government, there remains a significant potential for future threats to oil supplies ...

Refineries purchase Iranian oil, and then transfer payments to these front companies, who in turn, move funds to other front ...

For a moment in June, the world braced for another oil crisis. Missiles streaked across the skies of the Middle East.

A new report analyzes how US sanctions on an Iranian oil smuggling network using an Iraqi cover could hinder Iraq's own ...

China has reportedly provided Iran with missile systems in exchange for oil amid rising regional tensions and Tehran's ...

By John Lee. The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced sanctions targeting ...

The US Treasury sanctions 22 entities across Hong Kong, UAE, and Turkey for facilitating Iranian oil sales that fund the IRGC ...

The Treasury Department is targeting Iranian networks that allegedly buy and transport billions of dollars worth of Iranian ...

The U.S. Treasury has sanctioned a network led by Iraqi businessman Salim Ahmed Saeed for allegedly smuggling billions in ...