Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass ...

Muscat, the capital of Oman, in 2023. Officials said a new tax there would affect only a small portion of the population but would help reduce the country’s dependence on oil and gas.

About one-fifth of global oil and gas shipments pass through the Strait of Hormuz and a blockage would likely have spiked ...

Geopolitical tension in the Middle East could boost Brent oil and United States Brent Oil Fund, LP ETF. Click for my updated ...

Occidental Petroleum’s OXY global upstream footprint plays a pivotal role in driving its growth and resilience. International ...

Oil traders don’t always get it right. In 2007 and 2008, oil surged as Chinese demand soared, creating shortages. At the same ...