The US has allowed the sale of Iranian oil and petrochemical products that have been loaded onto tankers, its latest effort ...

US Treasury Secretary Scott Bessent said in a post on X that his department was issuing a temporary authorisation permitting ...

The Trump administration lifted sanctions on Iranian oil stuck at sea on Friday evening as the conflict between the U.S. and ...

The US permits sale of stranded Iranian oil to ease supply shortages, releasing 140 million barrels amid rising prices and shipping ...

Dozens of Indian and South Korean oil tankers are stranded near the Strait of Hormuz, halting crude shipments and raising ...

Oil prices traded around the highest levels since 2022 Friday, shrugging off the Trump administration’s earlier decision to ...

Amid ongoing conflict in the region, Iran may be on the verge of a major financial breakthrough. Reports suggest that a ...

Oil prices dipped Friday after the U.S. issued a 30-day license allowing the purchase of stranded Russian oil, easing ...

The U.S. may soon remove sanctions on Iranian oil stranded on tankers at sea, Treasury Secretary Scott Bessent said on ...

The Trump administration temporarily lifted sanctions on Russian oil “stranded at sea” Thursday in an effort to contain skyrocketing energy prices due to Iranian threats against tanker ships. Treasury ...