Iran’s Currency Hits New Record Low Ahead of US Economic Assault
Iran’s currency weakened to an all-time low against the dollar amid a mounting US campaign to cripple the…
Iran Says Hormuz Deal Close But Its Conditions Must Be Met
Iran said it’s “very close” to a deal with Oman on a new maritime transit route in the…
US Strikes Iranian-Linked Oil Tanker Deep Within Persian Gulf
The US military has hit a supertanker deep within the Persian Gulf near Iran’s key oil export terminal,…
Iraq Shows Frustration With OPEC in Push to Pump More Oil
Iraq stepped up its push for bigger OPEC production quotas as it seeks to recoup oil sales that…
Saudi Arabia Set to Restart Ras Tanura Oil Exports as Gulf Flows Rise
Top oil exporter Saudi Arabia appears to be about to restart loading crude at the Ras Tanura terminal…
China Says Iran Crisis Shows Nations Must Speed Up Energy Shift
Oil and gas shortages triggered by the US war against Iran should be a lesson to countries to…
Oil Tanker Booked in Gulf at 897% of Benchmark Freight Rate
A supertanker has been provisionally booked to transport oil from the Persian Gulf to India at a rate…
Trump Defends Unfreezing Iran Funds as Senate Rebukes Him on War
President Donald Trump said Iran will be able to use funds released from frozen accounts only to purchase…
Iran War: Vance Hails ‘Good Day’ of Talks as US Waives Oil Sanctions
The US issued a 60-day license allowing Iran to sell oil on the international market, giving Tehran an…
Iran President Pezeshkian to Visit Pakistan After US-Iran Truce
Iranian President Masoud Pezeshkian is scheduled to arrive in Islamabad on Tuesday to discuss greater cooperation in security,…
Wave of Persian Gulf Oil Set to Leave Asian Refiners Swamped
An impending wave of oil that’s been trapped inside the Strait of Hormuz is set to be unleashed…
Desh Vibhor Oil Tanker Reverses Course While Exiting Persian Gulf
An oil supertanker is once again heading from the Persian Gulf toward the Strait of Hormuz after briefly…