Attacks on two oil tankers on Thursday in the Gulf of Oman left one ablaze and both adrift, shipping firms said, driving oil prices up 4% over worries about Middle East supplies. The Front Altair was on fire in waters between Gulf Arab states and Iran after an explosion that a source...

Additional sanctions imposed on Iran by the United States show that Washington’s offer of talks is not genuine, Iranian Foreign Ministry spokesman Abbas Mousavi said on Saturday. The United States placed sanctions on Iran’s largest petrochemical holding group on Friday for indirectly...

 Iran said Saturday that new U.S. sanctions on its petrochemical industry show the hollowness of President Donald Trump's claims to be open to fresh negotiations with Tehran. "Only one week was needed for the U.S. president's claim that he was ready to negotiate with Iran to be proved...

 New U.S. sanctions imposed Friday target Iran's petrochemical industry, including the country's largest petrochemical holding group over its financial support for Tehran's Islamic Revolutionary Guard Corps, the Treasury Department said in a statement. The Treasury Department said the...