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 ...

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

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

Beijing insists it will continue to secure its energy supplies based on national interests despite pressure from Washington ...

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 ...

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

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 ...

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

Ukrainian forces have used domestically produced drones and missiles to attack Russia's critical military and energy ...