The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...

President Trump is reviving the "maximum pressure" campaign to cut Iran's oil exports to zero while signaling openness to a ...

London-based pools company Tankers International has revealed a growth of Middle East Gulf crude shipments on sanctioned VLCCs. But the company believes this trend could reverse if the US ramps up ...

Iranian President Masoud Pezeshkian visited a number of ship manufacturing factories, onshore oil and gas platforms, and ...

Specifically, the US State Department outlined a plan to pursue “shadow fleet vessels and management companies that ...

As has been widely reported, the U.S. policy of “maximum pressure” towards Iran has returned. On February 4, 2025, the Trump administration ...

Some are existing outfits that have not been impacted by the punitive measures, while others are newly created, replacing ...

Today, with an annual production capacity of over 96 million tons and revenues surpassing $23 billion, the industry accounts for 30% of Iran’s non-oil exports. This report examines the growth of ...

Brent crude futures were up 98 cents at $76.85 a barrel by 1011 GMT, while U.S. West Texas Intermediate crude rose 92 cents ...

With a limited supply of sanctions-proof cargoes, discounts for Russian Urals crude to dated Brent have narrowed to ...

Foroud Asgari said that importing non-oil goods worth $12.3 billion from Iran ... engineers from both countries could help improve skills and standards in the industry. Iran and China officially ...

Indian Oil Corp is in talks with U.S. firm Cheniere Energy for a 15-year liquefied natural gas deal, with volumes between 1.5 ...