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, ...

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 Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can ...

Saudi Arabia and other oil states are rushing to load tankers in case the Israel-Iran fighting spreads to export ...

The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most ...

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

Iran last disrupted traffic in the Persian Gulf in April last year when it seized an Israel-linked container ship near the ...

Based on past conflicts that have rattled oil prices, oil is likely trading in the upper range of where it should be as the ...

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

Oil prices eased off a 5-month high as expectations Iran won't close the Strait of Hormuz for now. But this may still change, ...

Reports indicate three ships are transmitting not under command in the Gulf of Oman near the Strait of Hormuz. NASA's FIRMS ...