Oil Hits Three-Month High on Tightening Supply

Oil Hits Three-Month High on Tightening Supply

Oil prices briefly hit a three-month high on Tuesday, boosted by falling exports from Saudi Arabia. Investors also continued to monitor trade talks between the U.S. and China for their implications for global growth.

U.S. Signals It Could Sanction China Over Iran Oil Imports

U.S. Signals It Could Sanction China Over Iran Oil Imports

The new U.S. special representative for Iran said Thursday the Trump administration is prepared to impose sanctions on all countries that buy oil from Iran after a deadline in November, including China, the top importer of Iranian crude.

Buyers Of Iran’s Oil Balk At U.S. Push To Isolate Country

Buyers Of Iran’s Oil Balk At U.S. Push To Isolate Country

The Trump administration’s effort to pressure Iran depends on countries deeply skeptical of the U.S. campaign against the Islamic Republic, creating resistance that analysts and officials in those countries say could undercut one critical element of the push: curtailing Iran’s oil exports.