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.

Iran’s Oil Ministry has cut its imports of diesel to zero thanks to tighter controls on domestic demand for the fuel.

"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.

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

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 ...

Oil prices climbed more than 3% on Tuesday in the immediate aftermath of an Iranian missile attack on Israel. The spike in prices is expected to push up the price of U.S. gasoline, experts told ...

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