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

The United States is considering a major and unexpected step to deal with rising oil prices. Officials, including Scott ...

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 ...

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

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 ...

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 ...

(CNN) — The Trump administration on Thursday issued a new license allowing countries to temporarily purchase certain Russian oil products, the same day Brent crude prices settled above $100 per barrel ...

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