Strait of Hormuz Oil Traffic Plummets 90%: Implications for Oman’s Energy Sector and Investment Landscape
Oil tanker traffic through the Strait of Hormuz has plummeted by 90% due to the ongoing Middle East conflict, according
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Oil tanker traffic through the Strait of Hormuz has plummeted by 90% due to the ongoing Middle East conflict, according
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The official price of Oman crude oil for April reached $85.93, up $3.84 from $82.09. Oil prices rose 3% amid
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MUSCAT: The tourism sector is targeted for growth under the Eleventh Five-Year Plan, aiming for a 2.4% GDP contribution and
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The official price of Omani crude oil for May reached $82.09, marking an increase of $1.69 from Monday's $80.40. The
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Gold prices rose for a fifth consecutive session as investors sought safe-haven assets amid escalating U.S. and Israeli airstrikes on
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MUSCAT: Oman crude prices jumped 13.7% to $80.40 per barrel amid Middle East tensions from US-Israeli strikes on Iran. This
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Oman's Voltamp Energy has increased its stake in the National Transformer Company to 80%, gaining majority ownership and full control.
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The US-Israeli military operation against Iran is disrupting global maritime traffic, particularly affecting oil tanker transports. Shipping routes, especially through
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A research breakthrough at Sultan Qaboos University aims to improve the viability of small-scale offshore LNG projects by reducing energy
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