In one embodiment, the present invention provides a drilling fluid composition that comprises a surfactant-free emulsion comprising an oleaginous fluid, a fluid that is at least partially immiscible with the oleaginous fluid, and emulsion facilitating particles. In another embodiment, the present invention provides a method of treating a subterranean formation comprising providing a treatment fluid that comprises a surfactant-free emulsion, the surfactant-free emulsion comprising an oleaginous fluid, a fluid that is at least partially immiscible with the oleaginous fluid, and emulsion facilitating particles; and treating the subterranean formation.