The oil-exporting countries of the Persian Gulf weren't spared from President Trump's sweeping global tariffs, despite ...

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

An alien, underwater world could hold the answers to China’s energy security, scientists say, as they work to unlock its ...

which since 1909 has been owned by the Anglo-Persian Oil Company, a British corporation in which the British Government is a majority stockholder. Great Britain promptly denied Persia's right to ...

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

The two oil tankers have been detected by the servicemen of the IRGC Navy’s 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, ...

The National Iranian Oil Company (NIOC) was established in 1948 and is owned by the government of Iran. It is a member of OPEC. Headquartered in Tehran, Iran, NIOC was first called the Anglo Persian ...

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

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

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 ...

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