Economy | Omanet

Share markets faltered as Gulf tensions resurfaced, pushing oil near $100 a barrel. Iran controlled the Strait of Hormuz, demanding

There was a fragile calm in currency markets as traders watched if the US-Iran ceasefire would hold. The deal seemed

Airlines, impacted by six weeks of Middle East conflict, face soaring fuel costs and wary travelers. Fuel prices have more

Oil prices rose on Thursday after falling the previous day, as the ceasefire in the Iran war seemed fragile and

Oman is investing over RO 1.2 billion in strategic road projects to boost connectivity and sustainable development. Key plans include

On April 7, 2026, Oman launched a national initiative to decarbonise its aviation sector, led by CESAR at Sultan Qaboos

Sulayem bin Ali al Hakmani, Chairman of Consumer Protection Authority, inaugurated the Consumer Protection Office at Sohar Port to strengthen

The Ministry of Energy and Minerals and be’ah held a session on the National Facility for NORM Waste Management Project,

Oil prices fell below $100 a barrel and markets surged after US President Trump announced a two-week ceasefire with Iran,

Oman crude oil prices dropped sharply below $100 per barrel on April 8, 2026, following a US-Iran ceasefire and reopening

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