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Oil prices climbed about 2% to a five-week high on Monday on worries supplies could decline if U.S. President Donald Trump ...
NEW YORK (Reuters) -Oil prices settled higher on Friday and recorded a second consecutive weekly gain as fresh U.S. sanctions on Iran and the latest output plan from the OPEC+ producer group ...
Some 72 years ago, the Iranian Parliament ratified oil legislation that caused extreme worry for neocolonial powers. Led by the then Prime Minister Mosaddegh and religious figures such as ...
WASHINGTON (Reuters) - The Trump administration imposed sanctions on Iranian oil trading networks on Thursday, including on a China-based crude oil storage terminal linked via a pipeline to an ...