Patrick De Haan of GasBuddy told Newsweek: "... I think what the market is essentially saying here is that the conflict is ...

Oman plans to levy a personal income tax as part of a broader push to move the sultanate’s economy away from reliance on ...

When looking at a map, the Strait of Hormuz might not seem all that impressive. It’s just a slim waterway squeezed between ...

Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass through it. Following Saudi Arabia are Iraq, the United Arab Emirates, ...

Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.

As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...

An Omani state-run oil and gas company says it will make an initial public offering of its exploration and production business, potentially seeking billions in a major move toward privatization ...

DUBAI, United Arab Emirates (AP) — An Omani state-run oil and gas company announced Monday it will make an initial public offering of its exploration and production business, potentially seeking ...