India's main airlines—IndiGo, Air India, and SpiceJet—warn of possible shutdowns due to airspace closures and soaring aviation fuel prices amid
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Gold demand in Q1 2026 rose 2% to 1,231t, with value soaring 74% to $193bn amid geopolitical tensions. Retail interest
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Shipping traffic through the Strait of Hormuz has virtually stopped since February, the UN said. Ship transits dropped 95.3%. Food
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The closure of the Strait of Hormuz has disrupted liquefied natural gas (LNG) supplies, with U.S. exports unable to compensate
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The OPEC oil cartel has faced declining influence over years, exacerbated by the UAE's exit. Originally formed to stabilize oil
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Stocks fell and oil prices rose amid the Iran conflict stalemate and UAE quitting OPEC, challenging oil markets. The AI
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The UAE quit OPEC and OPEC+, weakening the oil-exporting groups led by Saudi Arabia amid the Iran war energy shock.
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Nama Water Services (NWS) of Oman accelerated infrastructure delivery and efficiency with a project portfolio over RO 1 billion, completing
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Muscat: The Al Wusta Police Command arrested two individuals in Duqm for helping 23 African infiltrators cross the border. The
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In Duqm, Al Wusta Police arrested two individuals for facilitating the illegal crossing of 23 African infiltrators, who were attempting
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