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Tehran has shipped out nearly 3 million barrels to raise money that could be used to shore up its allied militias in the Middle East.

Up to 10% of China's oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese ...

The Iranian regime has never looked so weak and vulnerable, with its empire of terror in tatters (thanks to Israel) and ...

Revelations that China intends to supply Iran with rocket fuel goes against UK's Middle East policy and casts further doubt ...

Tehran’s growing reliance on Beijing—a consequence of the battering its missile program has suffered from Israeli ...

Donald Trump could blow a $30 billion hole in Iran’s economy should he return to a maximum pressure campaign on Tehran.

Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight ...

Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read ...

The new U.S. sanctions against Iran and Russia's oil exports have disturbed the global market, and China, which is the largest buyer of Iranian oil, has stopped the official import of Iranian oil due ...

For this, they must thank China, which has thrown Iran an economic lifeline in recent years by purchasing nearly all of its oil exports. But credit is also owed to the Biden administration ...

The cost to hire an oil supertanker on key routes to China has doubled since the US imposed sanctions on Russia, showing the ...