The White House imposed sanctions on Iran’s oil minister and on more companies and vessels used in the transport of the OPEC ...

Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on ...

The Trump administration just turned up the heat on Iran’s oil operations, slapping fresh sanctions on Iran’s oil minister ...

The United States imposed sanctions on Thursday on Iran's Oil Minister Mohsen Paknejad and some Hong Kong-flagged vessels ...

Iran says it has turned much of its reserves into gold, as gold imports soar to three times the level of last year.

Born in 1962 in Najaf, Iraq, Tabrizian is a high-ranked Shi’a cleric (an ayatollah) and a graduate of major Shi’a seminaries. Although he is currently the most prominent figure in Islamic medicine in ...

Stock markets are plunging, consumers and businesses have started to sour on the economy, and economists are marking down ...

EIA projects that global oil inventories will decline in second-quarter 2025, driven partly by reduced crude oil production ...

The geopolitical risk premium in the oil and gas markets will fall sharply if a truce is implemented', Rystad Energy's Head ...

Reports from various Iranian cities indicate an economic downturn and market recession, with shopkeepers in bazaars lamenting ...

Global oil inventories are likely to fall in the second quarter of this year, leading to a rise in Brent crude prices, but as OPEC+ unwinds its output cuts, prices are likely to decline late in 2025 ...

Limited oil market losses were "suggesting that a recession is not in the cards," Phil Flynn of the Price Futures Group says in a note. Oil was also helped by Energy Secretary Chris Wright's comments ...