Tehran objects to takeover of Suez Rajan as 'completely unproductive' as countries try to work toward exchange of American prisoners for release of frozen Iranian assets

IRGC has threatened to target shipping in Persian Gulf over cargo, as bipartisan group of US senators urge for proceeds from shipment to go to terror victims

Bipartisan group says despite sanctions, Iran's oil exports jumped 35% last year, with proceeds used to sponsor attacks on US citizens

Oil minister says 83 million more barrels exported over past year than in previous comparable period, gas exports up 15%; Saudi Arabia's Aramco reports record profits

Blaze started at rig in Shadegan field, in southwestern province of Khuzestand, says state-owned gas company

State media says no casualties in blast at Abadan facility that 'supplies 25 percent of the country's fuel needs': Israel has been blamed for previous industrial accidents

Measures taken against alleged front companies for Iranian petrochemical firms, but Washington reiterates it is committed to diplomatic solution to nuclear issue

Official at Vito Group says Biden administration may turn 'a somewhat greater blind eye' if talk of high gas prices dominates midterm elections

Though boasting one of the world's largest proven reserves, the Islamic Republic's industry was hit hard by US sanctions reimposed when Washington withdrew from 2015 nuclear deal

Incident is seemingly the latest in a series of attempts to spirit heavily subsidized fuel out of the country for sale on the black market