Oil prices edged down during Friday’s trading session in Asia, with investors closely watching for clues from the forthcoming ...

The United States expanded sanctions against Iran's petroleum and petrochemical sectors on Friday in response to an Iranian missile attack on Israel, the administration of President Joe Biden said.

The US Government has announced new sanctions targeting Iran's petroleum and petrochemical sectors following the country's missile strike on Israel, reported the Economic Times. The move aims to ...

The U.S. sanctions come in response to Iran’s missile attack on Israel early this month, which sparked an oil price rally, and Brent crude prices jumped by as much as 8% in one week.

WASHINGTON — The United States (US) hit Iran's oil and petrochemicals sectors with new sanctions Friday in response to Tehran's October 1 attack against Israel, designating dozens of new ...

The US House passed new sanctions on Iran’s oil sector set to become part of a foreign-aid package, putting the measure on track to pass the Senate within days. Skip to content.

The Treasury Department on Friday also issued counterterrorism-related sanctions targeting Yemen's Iran-aligned Houthis over alleged illicit oil trading and shipping, it said in a separate statement.

From the CIA-backed coup in 1953 to the 2025 US strikes on Iranian nuclear facilities, this timeline outlines the major turning points in their tumultuous history—marked by revolutions, wars, ...

Oil prices settled down on Friday as the U.S. imposed new Iran-related sanctions, marking a diplomatic approach that fed hopes of a negotiated agreement, a day after President Donald Trump said he ...

While sanctions have constrained Iranian oil output in recent years, the nation accounts for about 3% of global oil output, Krishnamoorti said. Iran also asserts control over the passage of ...

According to the report, last week, White House Press Secretary Karoline Leavitt sent a directive to the State Department, the Treasury Department, and the National Security Council demanding "to ...

November 2011 – The US, UK and Canada announce bilateral sanctions on Iran. While the US expands sanctions to companies that aid Iran’s oil and petrochemical industrials, the UK mandates all ...