Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine diplomatic accord in the coming months while at the same time squeezing Iran and ...

Kuwait is planning to expand its oil production capacity by up to 40 percent, despite a bearish outlook for global demand and ...

Iraq and British oil giant BP are set to finalise a deal by early February to develop four oil fields in Kirkuk and curb gas ...

Iraq and British oil giant BP are set to finalise a deal by early February to develop four oil fields in Kirkuk and curb gas ...

But as a new government takes shape in Damascus, Syrians and foreign observers alike worry about how inclusive, ...

Ahead of the imminent start of Trump’s second term as president, Beijing has been adding to its existing base of assets in ...

Tehran has shipped out nearly 3 million barrels to raise money that could be used to shore up its allied militias in the ...

Iran is weaker and more vulnerable than it has been in decades, likely since its decadelong war with Iraq or even since the ...

Starting now, Trump should warn everyone aiding Iran’s economy to end their business immediately or face painful penalties on ...

Biden administration announces expanded sanctions on Russia's energy sector as Trump prepares to address Ukraine conflict ...

DUBAI, United Arab Emirates (AP) — Iran is reeling from a cratering economy and stinging military setbacks across its sphere ...

OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab ...