[Stay on top of transportation news: Get TTNews in your inbox.] The U.S. announced new sanctions on Iran’s oil and petrochemicals sectors in response to the country’s Oct. 1 ballistic-missile ...

Previously, Israel had also planned a large-scale strike on Iran’s oil infrastructure in response to a missile attack on the Jewish state. "US expands sanctions on Iran’s petroleum sector over ...

Asian oil markets are on high alert as tensions escalate around Iran, potentially disrupting crucial crude and fuel exports ...

US Expands Sanctions to Iran's 'Ghost Fleet' of Oil Tankers By Timothy Gardner WASHINGTON (Reuters) -The United States expanded sanctions against Iran's petroleum and petrochemical sectors on ...

The US imposed sanctions on Monday targeting dozens of individuals and oil tankers across China, the UAE, India, and other regions for allegedly financing Iran and its support for militant groups ...

US Slaps Iran-Related Sanctions on Oil Tankers, China 'Teapot' Refinery By Timothy Gardner WASHINGTON (Reuters) -The U.S. on Thursday issued new sanctions intended to hit Iran's oil exports ...

Asia buys more than four-fifths of all the crude produced in the Middle East, and 90 per cent of that goes through the Strait of Hormuz ...

The US broadened the scope of its sanctions on Iran’s oil and gas sectors in response to a ballistic-missile attack on Israel, ramping up economic pressure on Tehran ahead of Israeli retaliation ...

It imposed sanctions on six entities involved in Tehran's petroleum trade and identified six ships as blocked property. Iran's oil exports have risen under Biden's tenure as Iran succeeds in ...