Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from more sanctions on Russia and Iran. Brent crude futures gained $1.

Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from more sanctions on Russia and Iran.

An Iranian government spokesperson announced that the country is moving its capital city to the south by the coast, inciting both support and backlash.

Iran is reeling from a cratering economy and stinging military setbacks across its sphere of influence in the Middle East.

For weeks, Iranian officials have downplayed the fall of their ally in Syria. But an important general has offered a remarkably candid view of the blow to Iran, and its military’s prospects.

Iran's military power and influence has been badly weakened and clashes with Israel and the fall of Bashar Assad in Syria have left it reeling.

Exclusive: Trump’s former secretary of state and foreign policy chief told an Iranian pro-democracy conference in Paris that the change of administration in Washington will mark an end to the current

Human rights groups accuse Iran's leader Ayatollah Ali Khamenei of using capital punishment as a tool following nationwide protests.

Iran is pushing to recoup 25 million barrels of oil from China that has been stuck for six years in Chinese ports due to sanctions imposed by then-U.S. President Donald Trump, three Iranian and one Chinese source familiar with the matter said.

Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from more sanctions on Russia and Iran. Brent crude futures gained $2.