Economy | Omanet

Oman crude oil price rose to $160.20 per barrel on Monday, up $2.26 from last Friday. Despite the spike, March's

The project to establish a wind turbine manufacturing plant in Oman aligns with Oman Vision 2040, supporting energy transition and

In Kleinkarlbach, Germany, chemical firm Gechem struggles amid rising costs from global conflicts and energy price spikes. Owner Martina Nighswonger

The Sultanate of Oman, which mediated US-Iran nuclear talks, is working to secure safe passage in the Strait of Hormuz,

The official price of Oman crude oil for May delivery rose to $160.20, up $2.26 from last Friday. Global oil

Insurance experts expect rising demand for specialty coverage of tail risks following drone and missile attacks on Gulf ports and

Here are five ways commodities might move again through the Strait of Hormuz, blocked by Iranian forces: US-led military escort,

Stocks fell as oil prices surged after attacks on Gulf energy sites sparked fears of a global slowdown. Brent crude

Gas flow from Iran to Iraq resumed after a three-day stoppage caused by a strike on an Iranian facility. Iraq,

The Strait of Hormuz, usually a serene vacation spot near Oman and UAE, has become a global energy choke point

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