For comparison, $28 trillion is a shade less than the sum of all goods and services produced in the United States last year.

and the National Iranian Oil Company, totaling $33.5b. Another crucial detail in the new budget is that the government has fixed the exchange rate for oil allocated to the armed forces at ...

New York/Washington | The US has sanctioned a United Arab Emirates-based Indian national and two India-based entities operating as part of Iran's “shadow fleet” and involved in shipping Iranian oil.

Press TV reported that the crew members were jailed for five years. The head of the Iranian Judiciary’s local branch in ...

Many countries form large, state-owned companies to control oil assets and manage their oil sectors. By keeping these companies private, countries maintain some authority over the production ...

The U.S Treasury Department Wednesday announced sanctions on a Chinese refinery for allegedly importing more than a billion ...

Iranian gas mogul Seyed Asadoollah Emamjomeh was named Tuesday in a Treasury Department statement about new sanctions, which ...

The Trump administration imposed sanctions on Iranian oil trading networks on Thursday, including on a China-based crude oil ...

The sanctioned refinery in China’s Shandong province received dozens of shipments of crude oil from Iran worth more than $1 ...

April 11, 2025 China's March Iranian oil imports surge on US ... sources say China National Offshore Oil Company (CNOOC) is slated to launch an upgraded joint-venture refinery complex around ...

The US has sanctioned a United Arab Emirates-based Indian national and two India-based entities operating as part of Iran's "shadow fleet" and involved in shipping Iranian oil. Jugwinder Singh ...

and the National Iranian Oil Company, totaling $33.5b. Another crucial detail in the new budget is that the government has fixed the exchange rate for oil allocated to the armed forces at ...