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

The U.S.-China trade talks showed progress toward easing tariffs and stabilizing economic ties but were ultimately ...

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

A large fire breaks out in an oil storage facility in Tehran, local media reports. Images posted to social media show huge flames and black smoke billowing into the air. The cause of the fire is not ...

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.

China’s July crude imports remained strong despite slower shipments from June, as refineries continued to operate at high capacity.

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

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.

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 ...

Key Points and Summary – Despite a recent war and the threat of new sanctions, Iran’s oil exports are surging, funding what critics call “oppression at home and aggression abroad.” -A new ...

Iran's oil production and exports had declined in 2019 after President Donald Trump imposed sanctions on Iran toward the end of 2018, but the factors that led to that decline do not exist today ...