Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in ...

"They act like high and mighty, (but) they leave us in the lurch," says an employee retrenched by shipping cargo inspection ...

Near-term progress in a renewed nuclear agreement between the United States and Iran could add further downward pressure to a ...

AL-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It ...

The U.S. Treasury Department on Tuesday imposed sanctions on more than 20 companies in a network that it said has long sent ...

Iran has increased its oil refining capacity by 160,000 bpd over the past year, reaching 2.4 million bpd. Major refineries, ...

But the deal, and a lift in oil supplies, are not a sure thing. Sanctions and tanker blacklisting have little impact on Iranian oil exports, said Anas Alhajji, an independent energy expert and ...

Iran is open to a deal but distrusts Trump. Saudi Arabia is trying to prevent a regional war that could hurt its economy and ...

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.40 during the Asian trading hours on Tuesday ...

Truck drivers in Iran continued a nearly week-long strike on Wednesday, incensed by low salaries, high insurance rates, and a ...