Iran's Revolutionary Guards have seized two overseas-registered tankers in the Persian Gulf accused of fuel smuggling.

ALBAWABA Iran’s Islamic Revolutionary Guard Corps (IRGC) seized two foreign oil tankers, Star 1 and Winteng, on Monday, ...

The two oil tankers have been detected by the servicemen of the IRGC Navy’s second naval zone in Bushehr. The tankers have ...

Iran has a history of responding to action by its Western foes with retaliation. In January last year, its armed forces ...

Just days after Donald Trump warned Iran of severe consequences, the IRGC Navy has seized two foreign oil tankers, ‘STAR 1’ ...

Iran’s elite Islamic Revolutionary Guard Corps (IRGC) has seized two oil tankers in the Persian Gulf, accusing them of smuggling fuel, state news agency IRNA reported on Monday.The vessels are on ...

The nationalization of the oil industry in the Islamic Republic of Iran is the manifestation of a clear-cut victory over Western imperialism.

Soon after oil was discovered in Iran in 1908 as the first country in the region, colonial powers, particularly Britain and later the United States sought to bring the Iranian national wealth under ...

The US has filed a civil forfeiture complaint for $47 million in proceeds from the sale last year of around 1 million barrels ...

America’s decades-old commitment to protect Persian Gulf oil offers some perspective as Ukraine and the U.S. close in on a ...