Oil prices soared above $100 as Iran escalates attacks in the Middle East, disrupting supplies. Despite a record 400 million
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Fitch Ratings says Omani government-related entities like Energy Development Oman, OQ SAOC, Omantel, Nama Electricity, and OETC ratings likely unaffected
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Oil prices rebounded as markets doubted the IEA's plan to release record oil reserves could offset supply shocks from the
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TotalEnergies’ trading arm Totsa sold Oman crude to ExxonMobil at a record premium of over $20 per barrel above Dubai
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President Trump announced a new 168,000 bpd refinery at Brownsville, backed by India's Reliance Industries, to offset $300 billion in
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OQ Group clarified that the force majeure declaration on LNG shipments concerns only a specific contract managed by OQ Trading,
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Al Mazunah Free Zone localized 15 projects in 2025 with investments over RO 650,000, spanning industrial, logistics, and export services.
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India's hunger for energy imports and the Gulf war have put its economy on edge. Crude oil hit $119 a
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Oil prices fell as the International Energy Agency proposed the largest oil reserve release due to U.S.-Israeli conflict with Iran.
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Oman's digital economy is growing fast, reaching RO 800 million in 2023. The National Digital Economy Programme (2021-2025) boosts AI,
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