Iran Says It Has Struck a Temporary Hormuz Shipping Deal With Oman as US Claims Sovereignty
Politics

Iran Says It Has Struck a Temporary Hormuz Shipping Deal With Oman as US Claims Sovereignty

Tehran says new temporary corridors will run partly through Iranian waters for two to four months, while Washington keep...

Sinead Brennan 👁 60 💬 0
Japan's Foreign Minister to Visit Saudi Arabia and Oman to Press for Shipping-Safety De-escalation
Politics

Japan's Foreign Minister to Visit Saudi Arabia and Oman to Press for Shipping-Safety De-escalation

Motegi will meet officials in Riyadh and Muscat from 17–22 August, focusing on Middle East de-escalation and safe passag...

Sinead Brennan 👁 41 💬 0
Sanctioned Russian Tanker Runs Aground Off Oman; 800,000 Barrels Threaten Coast
Energy

Sanctioned Russian Tanker Runs Aground Off Oman; 800,000 Barrels Threaten Coast

The Caroline Bezengi has already spread a slick over more than 2,000 km² that reached Oman's shore, and experts warn a f...

Aoife Keane 👁 49 💬 0
Japan and Oman Pledge Joint Push to Restore Free Navigation in Strait of Hormuz
Energy

Japan and Oman Pledge Joint Push to Restore Free Navigation in Strait of Hormuz

Prime Minister Takaichi and Sultan Haitham discuss the critical Iran situation, Oman’s mediation with Tehran, and the ne...

Aoife Keane 👁 40 💬 0
Iran Seeks US Compensation for Hormuz Violations as Oman Deal Looms
Energy

Iran Seeks US Compensation for Hormuz Violations as Oman Deal Looms

Iran and Oman are close to a deal on a new shipping route through the strategic Strait of Hormuz, but Tehran insists the...

Aoife Keane 👁 38 💬 0
Why Iran-Oman Shipping Talks Alone Won't Reopen the Strait of Hormuz
Energy

Why Iran-Oman Shipping Talks Alone Won't Reopen the Strait of Hormuz

Tehran signals progress in talks with Oman over a new shipping lane, but reopening depends on US compensation and sweepi...

Aoife Keane 👁 38 💬 0
Iran and Oman Outline Tentative Hormuz Shipping Route, But Full Reopening Hinges on U.S.
Energy

Iran and Oman Outline Tentative Hormuz Shipping Route, But Full Reopening Hinges on U.S.

A proposed temporary corridor would channel oil tankers through Iranian waters, yet Tehran warns the Strait of Hormuz wi...

Aoife Keane 👁 43 💬 0
Iran Plan to Exclude U.S. and Israeli Ships From Strait of Hormuz Meets Swift U.S. Rejection
Energy

Iran Plan to Exclude U.S. and Israeli Ships From Strait of Hormuz Meets Swift U.S. Rejection

A draft Iranian plan to bar U.S. and Israeli vessels from the world’s most critical oil chokepoint drew an immediate U.S...

Aoife Keane 👁 41 💬 0
DAX Pauses After Record Run as 26,000 and Strait of Hormuz Loom
Markets

DAX Pauses After Record Run as 26,000 and Strait of Hormuz Loom

The German benchmark index ended flat after three straight record closes, with profit-taking leaving the market at eleva...

Yael Ben-David 👁 44 💬 0
Trump Says Future of Strait of Hormuz Will Be Decided 'Today or Tomorrow'
Energy

Trump Says Future of Strait of Hormuz Will Be Decided 'Today or Tomorrow'

Trump has issued a 'last chance' ultimatum on Strait of Hormuz shipping, with an Omani-brokered deal — or US military ac...

Aoife Keane 👁 34 💬 0
Iran Denies US Hormuz Compromise Report, Says Strait Closed Until Hostility Ends
Politics

Iran Denies US Hormuz Compromise Report, Says Strait Closed Until Hostility Ends

Tehran calls reports of a deal with Washington on reopening the Strait of Hormuz false, and says the waterway will remai...

Sinead Brennan 👁 35 💬 0
L&T Energy Onshore seals six-year EPC framework deal with Oman's PDO
Companies

L&T Energy Onshore seals six-year EPC framework deal with Oman's PDO

The Indian engineering giant becomes one of four selected contractors for Petroleum Development Oman's upcoming projects...

Declan Byrne 👁 28 💬 0
Iran Blocks Oman's Proposal to Demine the Strait of Hormuz, Insists on Bilateral Control
Energy

Iran Blocks Oman's Proposal to Demine the Strait of Hormuz, Insists on Bilateral Control

Iran rejected Oman’s plan to clear mines from the southern Strait of Hormuz and rebuffed a call for joint regional manag...

Aoife Keane 👁 44 💬 0
Oman Leads Regional Diplomacy to Ease Tensions Around Strait of Hormuz
Energy

Oman Leads Regional Diplomacy to Ease Tensions Around Strait of Hormuz

Oman’s foreign minister held phone talks with counterparts from Saudi Arabia, Qatar, Kuwait, Egypt and Iran, focusing on...

Aoife Keane 👁 38 💬 0
Apecure Al-Ru'ya GCC Fund Unit Price Steady at 0.959 OMR
Markets

Apecure Al-Ru'ya GCC Fund Unit Price Steady at 0.959 OMR

The EVGF closed-end fund's unit price held at 0.959 Omani rials during the week, following a dip from 0.966 the prior pe...

Yael Ben-David 👁 35 💬 0
Fitch: Omani Banks Can Weather Iran Conflict After Sovereign Upgrade
Companies

Fitch: Omani Banks Can Weather Iran Conflict After Sovereign Upgrade

Fitch Ratings says Omani lenders are the Gulf’s least exposed to the Iran conflict, with higher oil prices, Vision 2040 ...

Declan Byrne 👁 31 💬 0
Saudi, Oman Officials Inspect Progress on Key Border Logistics Hub
Logistics

Saudi, Oman Officials Inspect Progress on Key Border Logistics Hub

Top transport and customs officials from both nations toured the under-construction logistics zone, signalling the push ...

Eoin McCarthy 👁 42 💬 0
Dhofar Tourism Returns to Profit in H1 2026 as Revenue Doubles
Companies

Dhofar Tourism Returns to Profit in H1 2026 as Revenue Doubles

Oman’s Dhofar Tourism Company (DTCS) swung to a net profit of OMR 793.55k in the first half of 2026, reversing a year-ea...

Declan Byrne 👁 36 💬 0
Omani Listed Banks' First-Half Profits Climb 10.6%, Led by Bank Muscat
Companies

Omani Listed Banks' First-Half Profits Climb 10.6%, Led by Bank Muscat

Aggregate net profit of seven listed banks on the Muscat Securities Market rose to OMR 305.38 million in H1 2026, with s...

Declan Byrne 👁 47 💬 0