Iran plans to dramatically boost oil production from shared fields with Iraq, particularly in the West Karoun cluster.

China's imports of Iranian oil surged in March as buyers stocked up amid worries that further U.S. sanctions on Tehran could ...

The IRGC’s control over Iran’s oil industry is not just an economic fact - it is a political verdict on the regime’s ...

With U.S. waivers on Iranian energy imports revoked, Iraq is under pressure to rapidly develop its own non-associated gas ...

Languages: English and Farsi Oil prices surged on Friday, heading for a second consecutive weekly gain, as new U.S. sanctions on Iran intensified concerns over global supply. The latest measures ...

March 13 (UPI) --Iran is operating a ghost fleet to sell oil to China in violation of existing sanctions, which U.S. officials seek to stop with the help of new sanctions. The Department of State ...

SINGAPORE, March 21 (Reuters) - Iranian oil shipments into China are set to fall in the near-term after new U.S. sanctions on a refiner and tankers, driving up shipping costs, but traders said ...