Trump's latest announcement is likely to target independent Chinese refineries, known as "teapots." Teapots account for a ...

Some U.S. and Israeli officials have floated the prospect of a land blockade, which would require assistance from Iran's ...

Trump on Friday vowed to hit Iran hard economically, a day after Scott Bessent said that Washington would impose measures on Tehran that have “never been seen” as soon as next week.

Hengli is accused by the U.S. of being a major importer of illicit Iranian crude; the Chinese petrochemical company denies ...

The US, ‌the UN, and the EU have applied sanctions, implemented trade embargoes, and frozen assets for decades over Iran's ...

As military operations give way to a prolonged economic confrontation, Washington is preparing tougher sanctions, financial ...

Shrinking regional oil stockpiles held by China’s independent refiners in Shandong province may spur increased buying of Iranian crude, offering Tehran a needed boost after a period of slow sales.

Donald Trump has signalled tougher economic action against Iran as Washington weighs its next move. The push could deepen ...

The U.S. Treasury has accused the refining business of China’s Hengli Group of buying billions of dollars in Iranian petroleum, placing it at the centre of Washington’s campaign against Tehran’s oil ...