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1 Dead After Fire Erupts In Iran's Largest Oil Refinery
A fire at Iran's oldest and largest refinery in the southwest killed one person, state media reported Sunday.
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US Imposes New Sanctions Targeting Iran oil Trade, Hezbollah, Treasury Dept Says
The United States imposed sanctions against a business network that smuggles Iranian oil disguised as Iraqi oil, as well as sanctions targeting a Hezbollah-controlled financial institution, the Treasury Department said.
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Iran Made Preparations To Mine Strait Of Hormuz: US sources
The Iranian military loaded naval mines onto vessels in the Persian Gulf last month, a move that intensified concerns in Washington that Tehran was gearing up to blockade the Strait of Hormuz following Israel's strikes on sites across Iran.
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"They Need Money": Trump Signals US May Ease Iran Oil Sanction
President Donald Trump said on Wednesday that the U.S. has not given up its maximum pressure on Iran - including restrictions on sales of Iranian oil - but signaled a potential easing in enforcement to help the country rebuild.
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Explained: Why Closing Strait Of Hormuz Could Backfire On Iran
The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world's most important oil chokepoint in terms of the large volumes of crude that pass through it every day.
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In A Surprise Announcement, Trump Asks China To 'Keep Buying Oil From Iran'
In a sudden twist in Washington's Iran policy, US President Donald Trump made an unexpected announcement shortly after declaring a ceasefire between Iran and Israel after nearly two weeks of air strikes and missile attacks.
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What War In Middle East Means For Global Oil Markets And What It Doesn't
The conventional wisdom used to be that war in the Middle East would send oil prices soaring. Not anymore.
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Oil Prices Drop As Israel Agrees To Ceasefire Proposal
Oil prices sank more than five percent Tuesday after Israel said it had agreed to US President Donald Trump's proposal for a bilateral ceasefire with Iran. Brent was down 5.2 percent at $67.75 per barrel.
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Sensex Jumps 750 Points After Trump Announces Israel-Iran Ceasefire
Indian equities opened higher on Tuesday after US President Donald Trump announced a ceasefire agreement between Iran and Israel.
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"Keep Oil Prices Down. I Am Watching": Trump Amid Middle East Tension
US President Donald Trump expressed a desire on Monday to see oil prices kept down amid fears that the aftermath of the attacks on Iran's nuclear facilities could cause them to spike.
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Hormuz Blockade Threatens Energy Security Of Asia's Largest Economies
Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading route over US strikes on its nuclear sites.
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U-Turning Oil Supertankers Cross Strait Of Hormuz After Avoiding It
Two supertankers, each capable of hauling about 2 million barrels of crude, headed through the Hormuz shipping strait at the mouth of the Persian gulf, having performed U-turns in the past 24 hours.
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US Urges China To Keep Iran From Shutting Strait Of Hormuz, A Key Trade Route
Analysts have said Iran may opt to retaliate to Washington's early Sunday attack by shutting the Strait, a waterway through which one-fifth of global oil output passes.
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Oil Prices Jump, Asian Markets Dip As Middle East Crisis Escalates
Asian markets plunged while oil prices briefly hit five-month highs on Monday as investors anxiously awaited Tehran's next move after the United States joined Israel in attacking Iran's nuclear facilities, escalating the Middle East crisis.
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On Iran's Hormuz Strait Closure Plan, Union Minister's Oil Supply Assurance: 5 Points
India is closely tracking oil trends after reports indicated Iran plans to close the Strait of Hormuz following the US attack on three nuclear sites. The Strait is a key shipping route, through which a fifth of global oil and gas supply flows.
-
1 Dead After Fire Erupts In Iran's Largest Oil Refinery
A fire at Iran's oldest and largest refinery in the southwest killed one person, state media reported Sunday.
-
US Imposes New Sanctions Targeting Iran oil Trade, Hezbollah, Treasury Dept Says
The United States imposed sanctions against a business network that smuggles Iranian oil disguised as Iraqi oil, as well as sanctions targeting a Hezbollah-controlled financial institution, the Treasury Department said.
-
Iran Made Preparations To Mine Strait Of Hormuz: US sources
The Iranian military loaded naval mines onto vessels in the Persian Gulf last month, a move that intensified concerns in Washington that Tehran was gearing up to blockade the Strait of Hormuz following Israel's strikes on sites across Iran.
-
"They Need Money": Trump Signals US May Ease Iran Oil Sanction
President Donald Trump said on Wednesday that the U.S. has not given up its maximum pressure on Iran - including restrictions on sales of Iranian oil - but signaled a potential easing in enforcement to help the country rebuild.
-
Explained: Why Closing Strait Of Hormuz Could Backfire On Iran
The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world's most important oil chokepoint in terms of the large volumes of crude that pass through it every day.
-
In A Surprise Announcement, Trump Asks China To 'Keep Buying Oil From Iran'
In a sudden twist in Washington's Iran policy, US President Donald Trump made an unexpected announcement shortly after declaring a ceasefire between Iran and Israel after nearly two weeks of air strikes and missile attacks.
-
What War In Middle East Means For Global Oil Markets And What It Doesn't
The conventional wisdom used to be that war in the Middle East would send oil prices soaring. Not anymore.
-
Oil Prices Drop As Israel Agrees To Ceasefire Proposal
Oil prices sank more than five percent Tuesday after Israel said it had agreed to US President Donald Trump's proposal for a bilateral ceasefire with Iran. Brent was down 5.2 percent at $67.75 per barrel.
-
Sensex Jumps 750 Points After Trump Announces Israel-Iran Ceasefire
Indian equities opened higher on Tuesday after US President Donald Trump announced a ceasefire agreement between Iran and Israel.
-
"Keep Oil Prices Down. I Am Watching": Trump Amid Middle East Tension
US President Donald Trump expressed a desire on Monday to see oil prices kept down amid fears that the aftermath of the attacks on Iran's nuclear facilities could cause them to spike.
-
Hormuz Blockade Threatens Energy Security Of Asia's Largest Economies
Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading route over US strikes on its nuclear sites.
-
U-Turning Oil Supertankers Cross Strait Of Hormuz After Avoiding It
Two supertankers, each capable of hauling about 2 million barrels of crude, headed through the Hormuz shipping strait at the mouth of the Persian gulf, having performed U-turns in the past 24 hours.
-
US Urges China To Keep Iran From Shutting Strait Of Hormuz, A Key Trade Route
Analysts have said Iran may opt to retaliate to Washington's early Sunday attack by shutting the Strait, a waterway through which one-fifth of global oil output passes.
-
Oil Prices Jump, Asian Markets Dip As Middle East Crisis Escalates
Asian markets plunged while oil prices briefly hit five-month highs on Monday as investors anxiously awaited Tehran's next move after the United States joined Israel in attacking Iran's nuclear facilities, escalating the Middle East crisis.
-
On Iran's Hormuz Strait Closure Plan, Union Minister's Oil Supply Assurance: 5 Points
India is closely tracking oil trends after reports indicated Iran plans to close the Strait of Hormuz following the US attack on three nuclear sites. The Strait is a key shipping route, through which a fifth of global oil and gas supply flows.
