TEHRAN, Iran (AP) — Iran’s rial slid further Monday to a new record low of more than 1.3 million to the U.S. dollar, ...

Iran has introduced a new pricing tier for its subsidized gasoline, marking the first price adjustment since 2019.

The Islamic Republic of Iran has announced a fuel price hike for the first time since 2019, with the increase coming at a ...

Venezuela's state-run company PDVSA is dealing with stuck oil cargoes, rising price discounts and demands from customers to ...

TEHRAN, Iran — Iran introduced a new pricing tier Saturday for its nationally subsidized gasoline, attempting to rein in ...

Iran introduced a new pricing tier Saturday for its nationally subsidized gasoline, attempting to rein in spiraling costs for ...

The U.S. seizure of a vessel off Venezuela is likely to squeeze the country’s government, but do little to counter the ...

Geopolitics and sanctions are causing crude to accumulate on the ocean.

Russia’s war chest is being hammered by the double-whammy of a slump in oil shipments and a continuing decline in prices, sending the value of crude exports to the lowest since January 2023. Four-week ...

The U.S. has seized a sanctioned oil tanker off the coast of Venezuela, President Donald Trump said, a move that sent oil ...

The recent seizure of an oil tanker known as Skipper by the U.S. off the coast of Venezuela marks a dramatic escalation of ...