Iranian oil

Authorities in Gibraltar rejected the United States' latest request not to release a seized Iranian supertanker.

World News

Iranian Oil Tanker Leaves Gibraltar, Despite U.S. Efforts To Keep It Detained

5:52pm August 24, 2019

by Gabriela Saldivia

The U.S. alleged that the tanker, which was seized in July, was carrying 2.1 million barrels of crude oil to Syria in violation of an international embargo.

World News

Iran Detains Another Tanker As Tensions Remain High

7:43am August 05, 2019

by Peter Kenyon

Iran says it seized an Iraqi oil tanker and its crew in the Persian Gulf, for allegedly smuggling fuel. It's the third such incident in two weeks, and comes amid rising U.S.-Iranian tensions.

Queue Listen Now

Iran's supreme leader, Ayatollah Ali Khamenei, speaks with a group of Revolutionary Guards and their families in Tehran on April 9. Tensions between Iran and the U.S. have escalated recently following Iran's shootdown of a U.S. drone and U.S. cyberattacks

What Are Iran's Options In The Standoff With The U.S.?

4:30pm June 24, 2019

by Peter Kenyon

Iran shot down a U.S. drone. The U.S. launched a cyberattack and put new sanctions on Iran. Here is a look at the deepening crisis from Iran's standpoint.

People withdraw money from a bank machine in the Iranian capital Tehran's Grand Bazaar in November, months after President Trump announced in May he was withdrawing from the 2015 Iran nuclear deal and reimposing sanctions on the country.

Iran Has Had An Especially Bad 2018

7:51am December 18, 2018

by Peter Kenyon

The Trump administration hit Iran with sanctions after pulling out of the nuclear deal. That's hurt the Iranian economy — and emboldened hard-liners.

The sun sets behind an oil pump in the desert oil fields of Sakhir, Bahrain. OPEC nations agreed to reduce their production, but energy experts say that renewed U.S. sanctions on Iran could derail their supply cut deal.

World News

These Are The Potential Consequences Of Renewing Sanctions For Iran's Oil Importers

2:01pm May 10, 2018

Many of Iran's top oil importers are in Asia. South Korea is among them, but U.S. pressure to decrease oil purchases puts Seoul in a tricky position ahead of President Trump's North Korea summit.