News | Omanet

The global energy shock from the partial closure of the Strait of Hormuz amid the US-Israel war on Iran demands

Minerals Development Oman (MDO) grew assets to RO 226.9M in 2025, despite revenue dropping to RO 10.1M. Focused on strategic

Oil prices plunged about 4% on Wednesday as optimism about a potential ceasefire in the Middle East grew. Brent crude

China condemned Mexico's tariff hikes on Chinese goods, calling them trade barriers and warning of possible countermeasures. The increased duties

Long before her success at Kempinski Hotel Muscat, Zahwa al Rahbi's culinary journey began at home, where family gatherings fostered

Jet fuel prices have surged since the Iran War began on Feb 27, rising from $95.95 per barrel on Feb

Iran informed the UN maritime body that 'non-hostile' ships may safely pass through the Strait of Hormuz, closed to tankers

The Royal Oman Police announced the suspension of services at its centres across all governorates on Wednesday, excluding South Al

Meranti Green Steel is advancing key development milestones for its 2.5 mtpa low-carbon iron plant in Duqm, Oman. Focus areas

Oman’s crude oil price for May delivery dropped to $139.64, down $20.56 from $160.20 amid global volatility. Despite this, the

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