News | Omanet

The official price of Oman crude oil for May delivery dropped by $20.56 to $139.64. The average price for March

The Middle East aviation sector, impacted by the US-Israel/Iran War, sees a rise in GCC operations. Oman Air, Air Arabia,

Gold is falling into bear territory due to leverage and rising government bond yields, with prices down over 20% since

Oman Investment Authority (OIA) is expanding in the semiconductor sector to boost Oman’s advanced tech industries and localize key value

OQ Base Industries (OQBI), part of Oman’s OQ energy group, is pursuing decarbonisation initiatives, including Carbon Capture, Utilisation and Storage

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

Iron ore miners face billions in extra fuel costs as diesel prices rise due to the US-Israeli war on Iran,

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,

Blog