Iran War Sparks Global Rush to Build Oil Reserves: What Investors and Businesses Need to Know
Vulnerable countries seek to build oil and gas storage buffers after Iran war shocks, potentially creating demand for 500M barrels.
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Vulnerable countries seek to build oil and gas storage buffers after Iran war shocks, potentially creating demand for 500M barrels.
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When Oman introduced VAT in 2021, its permanence was uncertain. Four years later, VAT generated RO 631 million in 2025,
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Oman's public revenues rose 8% in 2025, narrowing the fiscal deficit by over 26% due to stronger oil and gas
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The Oman Chamber of Commerce and Industry launched its fifth Franchise Programme to boost private sector competitiveness and economic diversification
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The Bukha Waterfront Development Project in Musandam Governorate is 95% complete, enhancing the region's tourism infrastructure. Covering 26,000 square meters,
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Oman’s natural gas sector is transforming to balance rising domestic demand, industrial growth, and energy transition goals. CEO Abdulrahman al
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Oman's annual inflation rate rose to 3.8% in May 2026, driven by higher transport, food, and personal service costs. Food
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The Special Economic Zone at Duqm (SEZAD) has announced tourism and energy projects valued at $1.39 billion. Notable developments include
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Oman's Consumer Price Index rose 3.8% in May 2026 year-on-year, with a 2.8% increase Jan-May. Highest price rises: miscellaneous goods
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Oman's salt industry is evolving with over $1 billion in investments, focusing on value-added manufacturing. New projects target industrial, food-grade
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