The escalation comes ahead of President Trump’s visit to Beijing planned for next week.

Morgan Stanley strategists say that oil prices are lower relative to other supply shocks thanks to two global forces working ...

Whatever the outcome of the war between the US and Iran, the global energy markets won't return to normal for a very long time. Many observers believe that soaring fuel prices will give a decisive ...

China told its independent refineries to disregard U.S. sanctions over their purchases of Iranian crude. By Alan Rappeport ...

A sanctioned Chinese oil tanker crossed the Strait of Hormuz — then was forced to double back and return to Iran after President Trump blockaded the vital shipping lane, according to ship tracking ...

The Trump administration said on Friday it had imposed sanctions on an independent "teapot" refinery in China for buying billions of dollars' worth of Iranian oil, as Washington and Tehran head into ...