US President Donald Trump said he plans to waive oil-related sanctions and deploy the US Navy to escort tankers through the Strait of Hormuz, while predicting that the war with Iran would resolve ...

It has one of the largest oil industries in the world, but it has been strangled for years by international sanctions.

Shortly after settlement, prices turned negative following news of a phone call between US President Donald Trump and Russian President Vladimir Putin ...

"We're looking to keep the oil prices down," Trump said at a news conference at his resort in Doral, Florida.

Oil prices jumped about 7% on Monday to settle at their highest since 2022 as Saudi Arabia and other OPEC members cut ...

This uncertainty follows increased pressure by the United States (US) on Iran to dismantle its nuclear and ballistic missile ...

A German logistics firm exploits gaps in European law to ship contraband to Russia. We know because we followed their illicit route from a Berlin supermarket to Moscow.

The joint U.S.-Israel attack against Iran just gave Hungary fresh ammunition in its crusade against the EU sanctions on Russia. In the wake of Israeli attacks against Iranian oil refineries and the ...

Perspective: The high-stakes options President Trump faces to end Iran's nuclear program as risk of escalation looms.

Hungary’s leader Viktor Orbán is urging the European Union to suspend sanctions on Russian energy as oil and gas prices jump ...

U.S. President Donald Trump is considering easing oil sanctions on Russia and releasing emergency crude stockpiles as part of a package of options aimed at ​curbing spiking global oil prices amid the ...

Perspective: Iran war has exposed the Russia-China axis as a loose grouping of states unable to act together against U.S.