Clayton Seigle from CSIS says oil traders want to see the volume and duration disruption of oil supply before pricing in more ...

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

Discover the Strait of Hormuz: its map, critical importance, key facts, and role as a vital chokepoint for global oil transit ...

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

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

The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...

The narrow Strait of Hormuz has been a vulnerability in the global oil supply network for decades. Here we go again.

F OR THE past two years, the Middle East has been an even more tense place than usual. Houthis bombed commercial vessels; ...

The Bureau of Ocean Energy Management announced the publication of a Proposed Notice of Sale (PNOS) for an oil and gas lease ...

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, ...

Three mysterious heat signatures have triggered panic in one of the world’s most critical oil trade routes – Gulf of Oman.

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