Iran's National Iranian Oil Company (NIOC) has dismissed claims in some media outlets about the production of low-quality ...

Stranded Iranian cargoes have offloaded their crude at Shandong, the key import terminal for China’s independent refiners, ...

Russia is increasingly using cryptocurrencies in its oil trade with China and India to circumvent U.S. sanctions, ...

Russia is reportedly utilizing cryptocurrency and stablecoins in its oil trade with China and India to skirt sanctions from ...

Oil prices rose more than 2% on Thursday as supply concerns resurfaced after U.S. President Donald Trumprevoked a licence ...

Crude futures rose to end a week of ups and downs inflicted by exchanges over tariffs as well as talks aimed at ending the ...

EIA projects that global oil inventories will decline in second-quarter 2025, driven partly by reduced crude oil production ...

The permit has allowed small volumes of Venezuela's oil to flow to India, which was its third-largest ... on edge 5:19 PM UTC Energycategory Exclusive: After US move on Iraq-Iran power trade, Baghdad ...

Iran exports refined oil products to Venezuela, as Venezuelan crude oil often cannot be processed due to a lack of infrastructure. Iran also supports Venezuela in building refineries ...

Crude oil fell, with market sentiment weighed by concerns over the potential economic impact of trade tariffs along with a ...

While fiat currencies remain the primary method, crypto is seen as a convenient and flexible tool for transactions.

“There is only a number of tankers on the market willing to take high-risk sanctioned oil and now Iran needs to compete with Russia and Venezuela to secure them.” ...