The U.S. Treasury said on Thursday it is imposing new sanctions on individuals and tankers helping to ship millions of ...

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

The crew members supplied by Marshal Ship Management have allegedly assisted in falsifying shipping documents to obscure the origin of the oil and mislead port authorities.

The U.S. Treasury said on Thursday it was imposing new sanctions on a few individuals and tankers helping to ship millions of ...

Iran on Friday condemned as "illegal" and "unjustified" new financial sanctions by the US that target a network accused of ...

The US move was "categorically unjustified and contrary to international rules", foreign ministry's spokesperson says.

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.

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 ...

The US administration on Thursday imposed fresh sanctions against Iran, first under the Trump 2.0 administration. The move ...

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 ...

Oil prices rose on Friday after the US slapped sanctions on individuals and tankers shipping Iranian oil to China. However, ...

The Trump Administration has taken its first sanctions move against Iran, blacklisting shipowners, managers and a VLCC ...