The U.S. Treasury said on Thursday it is imposing sanctions on individuals and tankers helping to ship millions of barrels of Iranian crude oil per year to China.

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President Trump has launched a second round of sanctions on Iran with the goal of cutting the country’s oil exports to zero, particularly to China, its biggest customer. This “maximum pressure” ...

Enforcement of the U.S. sanctions on Iran will come down to how much the Trump administration is willing to pressure Iran's oil buyers, said StoneX's Hodes. Oil prices may rise if there are some ...

TradeWinds has learned that Hengli Group vice president Chen Hanlun, the son of the group’s chairman and president Chen ...

Chief executive Herbjorn Hansson said in a letter to shareholders: “A major project for 2025 is to renew and grow our fleet. We plan to buy two or three ships and to sell two or three.” The first step ...