Iran has the military capabilities to close the Strait of Hormuz if it wished to do so, but won’t do that for now since the ...

Washington "will not tolerate Iran’s destructive and destabilizing behavior," the State Department spokeswoman said.

The first round of sanctions by US President Donald Trump against several ships carrying Iranian oil falls short of the “maximum pressure” policy that his administration promised, Bloomberg reports, ...

Iran has faced suspicion for decades over its nuclear ambitions and whether it’s developing the capability to fire an atomic ...

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President Donald Trump’s maiden sanctions package targeting a handful of vessels carrying Iranian oil stopped short of the ...

The United States Department of the Treasury's Office of Foreign Assets Control (OFAC) on Thursday (Feb 6) sanctioned an ...

The US will not tolerate Iran’s destructive and destabilizing behavior and is today sanctioning an international network that ...

The move follows Donald Trump’s pledge to bring crude exports to zero in a bid to curb Tehran’s nuclear ambitions.

The U.S. Treasury imposed new sanctions on individuals and tankers aiding the shipment of Iranian crude oil to China. The move follows President Trump's vow to cut Iran’s oil exports to zero.

Sepehr was designated in 2023 but the new sanctions go further by targeting the network underpinning Iran’s oil sales, ...

With all those hurdles, one of the quickest and easiest solutions for Canadian oil producers may lie in further expanding Trans Mountain. The system is currently only shipping about 720,000 barrels a ...