Iran plans to dramatically boost oil production from shared fields with Iraq, particularly in the West Karoun cluster.

Wednesday closed up +0.51 (+0.72%), and May RBOB gasoline (RBK25) closed up +0.0285 (+1.24%). Crude oil and gasoline prices ...

A US House Committee hearing highlighted bipartisan concern over Iran's nuclear program, but divisions remain on the best ...

WTI crude oil (CLK25) today is up +0.25 (+0.35%), and May RBOB gasoline (RBK25) is up +0.0133 (+0.58%). Crude oil and gasoline prices today are moderately higher, with gasoline posting a 7-month ...

Oil prices held firm at over one-month highs in Asian trading Tuesday, driven by rising geopolitical tensions. U.S. President ...

Brent futures rose 21 cents to $74.98 a barrel at 0645 GMT, while U.S. West Texas Intermediate crude futures climbed 22 cents ...

The struggle of Africa and the Middle East against foreign oppression did not end with the fall of colonial empires. Instead, ...

Iran has responded to a letter sent by U.S. President Donald Trump to its supreme leader in an attempt to jump-start talks ...

Iran's Revolutionary Guards on Monday seized two foreign tankers in the Persian Gulf carrying over 3 million litres (792,516 U.S. gallons) of allegedly smuggled diesel fuel, Iranian state media ...

Trump has repeatedly said he will announce details Wednesday for his plan to slap tariffs on countries around the world.

The more active June Brent crude futures rose 69 cents to $73.45 a barrel by 0817 GMT, while U.S. West Texas Intermediate ...