Iran threatened to close the Strait of Hormuz, in what would serve as another act of retaliation, after the U.S. launched strikes on three key Iranian nuclear facilities over the weekend. While there ...

Beijing has been sustaining Iran's economy for years with oil purchases. Currently, over 90% of Iran's oil exports are destined for China. A year ago, the Ceres I, a tanker from Iran but flying the ...

While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the United States — have rattled investors, sending oil futures soaring by around ...

Iran controls the northern side of this waterway critical for oil exports and the global economy Iran controls the northern side of this waterway critical for oil exports and the global economy Iran ...