Oil markets rose Tuesday after President Donald Trump permitted China to buy Iranian oil, with crude prices dropping amid ...

President Trump said he wouldn’t stop China from purchasing oil from Iran, signaling he might ease the U.S.’s “maximum ...

Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.

The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes on its nuclear sites.

In a social media post on Tuesday, Trump wrote that “China can now continue to purchase oil from Iran.” That would be a major ...

China is the main buyer of oil from Iran, which accounts for roughly 13.6% of purchases this year by the world's largest ...

President Trump said China can purchase Iranian oil, despite his administration's imposition of numerous sanctions designed ...

As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...

President Donald Trump on Tuesday appeared to undermine years of US sanctions on Iran, giving its biggest customer China the ...

Oil prices eased off a 5-month high as expectations Iran won't close the Strait of Hormuz for now. But this may still change, ...

Crude prices tumbled even further late Monday after President Trump announced a ceasefire between Israel and Iran. This after ...

When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can ...