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 ...

IN THE 20 months since Hamas massacred almost 1,200 people, Israel has fought in Gaza, Lebanon, Syria and Yemen. On June 13th, when Israeli aircraft struck Iran, it became clear that these campaigns ...

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 ...

Oil prices fell on Monday after Iran's missile and drone strike failed to cause widespread damage in Israel and the U.S. administration made it clear it did not support a wider war with Iran.

Crude oil futures jumped as much as 13% Thursday evening after Israel launched airstrikes against Iran without U.S. support.

Pahlavi insisted that Iran’s Islamic Republic was collapsing. “This is our Berlin Wall moment,” he said, calling for ordinary Iranians to seize the opportunity afforded by Israel’s war and ...

Currently, China appears to be the only nation willing to supply Iran with advanced weaponry. However, Beijing is proceeding ...

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

Hours before a ceasefire took effect between Israel and Iran on June 24, the son of Iran’s last shah, Reza Pahlavi, held a televised news conference in the French capital, Paris.