Indonesia's state energy firm, Pertamina, has been importing Russian crude oil that complies with Western sanctions for the past year.

Shares rose in Asia on Wednesday while oil prices jumped more than $1.20 a barrel following a report that Israel may be planning an attack on Iranian nuclear facilities. Oil prices surged after a CNN ...

The stolen oil is smuggled across the border into Texas, where it is sold on the black market, sometimes through a trade-based money laundering scheme.

Any attack by Israel against Iran could significantly impact US-Iran nuclear talks, while also escalating already heated ...

The Energy Profits Levy, introduced following the crude price surge amid the outbreak of war in Ukraine, was extended in last ...

Iran tensions are surging again, with US intel warning of a possible Israeli strike on Iran’s nuclear sites. This comes amid ...

The European Council adopted the 17th package of economic and individual restrictive measures, including on the shadow fleet ...