Networks of brokers and shipowners from Panama to Switzerland are becoming expert at circumventing international sanctions ...

A CBS News investigation reveals that China is still secretly buying Iranian oil and evading U.S. sanctions by having the oil transferred from ship to ship in the middle of the sea.

"If the U.S. is bent on imposing tariffs, China will fight to the end, and this is China's consistent official stance," said ...

Seventy-two years ago on Aug. 19, 1953, the United States and Britain plotted a coup against the democratically elected ...

Treasury Secretary Scott Bessent said China’s dependence on Iranian and Russian oil is a key issue in upcoming trade talks.

Iranian crude builds up offshore as over 30 million barrels float near Malaysia, the highest in more than five years.

An estimated 30 million barrels of Iranian crude oil are floating unsold in Malaysian waters. China, the main buyer of the ...

Iran is rich in oil, and taking away its capacity to sell it would limit the country’s revenue. The U.S. has used sanctions relief as a bargaining chip in the past to stop Iran from further ...

While oil market balances look ever more bloated as forecast supply far eclipses demand towards year-end and in 2026, ...

The U.S. Energy Information Administration (EIA) has slashed its Brent crude oil price forecast. In its August Short-Term Energy Outlook, it expects global oil prices to fall from $71 per barrel in ...

US-China trade talks show progress, but China’s refusal to halt oil imports from Iran and Russia could derail any deal. Beijing calls US pressure “coercion”.

A fire at Iran's oldest and largest refinery in the southwest killed one person, state media reported Sunday.