President Donald Trump’s first sanctions package targeting a handful of vessels carrying Iranian oil stopped short of the ...

The move follows Donald Trump’s pledge to bring crude exports to zero in a bid to curb Tehran’s nuclear ambitions.

Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt ...

The US Treasury Department announced sanctions against an international network for allegedly facilitating Iranian crude oil shipments to China that the Treasury said were worth "hundreds of millions ...

Despite's Trump's reiteration, Giovanni Staunovo, analyst at UBS, said, "There is no indication of accelerating U.S. drilling activity," and he added that he was surprised by the market reaction.

The Trump Administration has taken its first sanctions move against Iran, blacklisting shipowners, managers and a VLCC captain for their role in the “shadow” fleet tankers. The move also added three ...

The sanctions target the network for "facilitating the shipment of millions of barrels of Iranian crude oil worth hundreds of ...

DHT Holdings Inc, the Bermudian-based independent crude oil tanker company, has reported a net profit for 2024 of $181.5 ...

President Donald Trump in his inaugural speech credited President William McKinley for making the United States “very rich” through tariffs.

Enforcement of the U.S. sanctions on Iran will come down to how much the Trump administration is willing to pressure Iran's oil buyers, said StoneX's Hodes. Oil prices may rise if there are some ...

The U.S. Postal Service will continue accepting incoming international parcels from China and Hong Kong after previously announcing that it would suspend them.

With all those hurdles, one of the quickest and easiest solutions for Canadian oil producers may lie in further expanding Trans Mountain. The system is currently only shipping about 720,000 barrels a ...