Israel’s vow to retaliate against Iran for a massive missile attack on the country is bringing a focus on oil supplies from the Persian Gulf, and keeping markets on edge. Crude prices in London ...

MUSCAT, Oman — Oman and Iran signed deals to develop two gas pipelines and an oil field along their maritime border, Oman’s energy minister said Saturday, less than two weeks after Iran’s ...

that would estimate to a value of above $346bn on the international markets and is just the tip of the iceberg when it comes to Iran's massive undiscovered oil and gas fields and boost the country ...

5 (UPI) --About a 20% rise in the global price of a barrel of oil is predicted if Israel launches missile attacks against Iranian oil fields ... correspondingly higher gasoline prices in the ...

Iran, which calls the field Arash, says the field extends into its waters. Kuwait and Saudi Arabia, who share maritime gas and oil resources in the zone between them, signed an agreement last ...

Iranian Oil Minister Javad Owji said last month that his country is willing to negotiate and collaborate on operating the gas field. Owji said last week that Tehran remains in contact with Kuwait ...

The two will now explore oil and gas fields they jointly own but have neglected for years due to previous animosity. Iran and Saudi Arabia share more than 28 oil and gas fields which have never ...

Iran will soon begin the development of the Esfandiar oil field. Production from Esfandiar is expected to begin within the next three years. Iran is developing its oil and gas resources alone ...

the Biden administration discouraged Jerusalem from striking Iranian oil fields, suggesting that it seek alternative targets. Fears of rising global oil prices, leading to higher gasoline prices ...

On Thursday, the Kuwait oil minister had told SkyNews Arabia that his country will start drilling and begin production at the Durra gas field without waiting for border demarcation with Iran.

“Meanwhile, 6 wells were drilled as a part of the projects of the National Iranian Oil Company (NIOC),” Afshar said. There are currently 74 oil and 22 gas fields in Iran. So, 37 oil fields are ...