There are also offshore oil fields, and the Safaniya field is the world's largest. Located in the Persian Gulf off the Saudi Arabian coast, the Safaniya field is thought to hold more than 50 ...

DUBAI, United Arab Emirates (AP) — An escalating dispute over a gas field in the Persian Gulf poses an early challenge ... echoing remarks by the country’s oil minister the previous day.

Consequently, Lukoil's stake in the project has increased to 10%.

THE Tigris and Euphrates join north-west of Basrah and thence flow to the Persian Gulf as the broad, silt-filled stream known as the Shattel-Arab. For some hundred miles the combined rivers wind ...

the United States has considered the free flow of oil from the Persian Gulf to be of the utmost importance to its economic and national security. More than fifty years since the events of 1973 ...