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

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

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

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

Oil prices climbed about 2% to a five-week high on Monday on worries supplies could decline if U.S. President Donald Trump ...

Close to a dozen US-sanctioned tankers are idling off Malaysia with Iranian crude, with some having been stationed in the oil ...

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 ...

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 ...

Iran has dismissed reports that its oil tankers seized by US forces in the Persian Gulf were operating under false Iraqi ...

President Jimmy Carter kept the oil-for-security arrangement alive even after the Saudis nationalized their energy industry in 1980, with a new foreign-policy doctrine that guarded Persian Gulf ...