Iran’s rial has hit a new record low of over 1.3 million to the U.S. dollar, deepening its collapse amid sanctions and ...

Iran has introduced a new pricing tier for its subsidized gasoline, marking the first price adjustment since 2019.

Iran introduced a new pricing tier Saturday for its nationally subsidized gasoline, attempting to rein in spiraling costs for ...

TEHRAN, Iran — Iran introduced a new pricing tier Saturday for its nationally subsidized gasoline, attempting to rein in spiraling costs for the first time since a price hike in 2019 that sparked ...

Investment banks and the U.S. Energy Information Administration forecast a significant oil market oversupply in 2026, driven ...

By Idrees Ali, Phil Stewart, Steve Holland and Marianna Parraga WASHINGTON, Dec 10 (Reuters) - The U.S. has seized a ...

The U.S. seizure of an oil tanker off the Venezuelan coast looks designed to further squeeze the economy of President Nicolás ...

The recent seizure of an oil tanker known as Skipper by the U.S. off the coast of Venezuela marks a dramatic escalation of ...

Slowing imports from China have pushed the volumes of Iranian oil held in tankers at sea to the highest level in two and a half years. The volume of Iran’s crude in floating storage has jumped in ...

White House press secretary Karoline Leavitt confirms U.S. plans to seize oil from Venezuelan tanker captured off Venezuela's ...