Oil prices have slumped. A barrel of U.S. crude fell 6% to around $64, and Brent Crude, the international standard, had a similar drop.

U.S. President Donald Trump said on Tuesday that China can continue to purchase Iranian oil after Israel and Iran agreed to a ...

After President Donald Trump authorized a military strike at three of Iran's nuclear sites, Americans have many questions.

China is closely watching whether Israel and Iran can broker a ceasefire. Beijing gets much of its crude oil imports from ...

Gas prices have jumped over the last week, but experts say there’s a reason the summer rise is happening earlier than usual.

A longtime friend of Tehran, Beijing jumped into verbal action when Israel attacked Iran nearly two weeks ago. It condemned ...

Iran threatened to close the Strait of Hormuz, in what would serve as another act of retaliation, after the U.S. launched strikes on three key Iranian nuclear facilities over the weekend. While there ...

Following Iranian strikes on the U.S. Al Udeid Air Base and Tuesday's shaky ceasefire between Israel and Iran, the future of ...

China has been diversifying its sources for oil imports well before the current Middle East tensions.