Energy, Oil & Gas

Iran, China reject Trump’s threat of tougher sanctions

Iran and China have pushed back against US President Donald Trump’s threat to impose what Washington says will be the “toughest sanctions in history” on Tehran, warning that unilateral economic pressure could further destabilise the region and damage global trade....

Energy, Oil & Gas

Oil near $94 as US vows toughest-ever Iran sanctions

Oil prices remained near their highest level in more than three weeks on Friday as the deadlock over the Strait of Hormuz and a sharp escalation in US economic pressure on Iran raised fresh concerns about global energy supplies....

Energy, Oil & Gas

US targets Iran's energy lifeline with fresh sanctions

The United States has announced new sanctions on Iranian oil and petrochemical networks, the latest move in its 'maximum pressure' strategy to curb the country's key sources of income and limit funding for its military operations, said a report....