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

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

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

Experts have raised fears of an economic shock as one-fifth of the world’s oil and gas passes through the Strait ...

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

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

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

The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes on its nuclear sites.

The Strait of Hormuz is a narrow waterway situated between Iran and Oman, linking the Persian Gulf to the Gulf of Oman and the Arabian Sea. At its tightest point, it spans just 21 miles, with shipping ...

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 ...