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Oman Crude Surges to $94.47: Implications for Investors Amid Rising Geopolitical Tensions

Muscat: The official price of Oman crude oil for May reached $94.47 per barrel, up from $85.93 in April. Global

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Iran Crisis and South Korea’s Warning: Potential Disruption in Key Chipmaking Materials Supply—What It Means for Your Business Investments and Operations

The U.S.-Israel war with Iran could disrupt supplies of key semiconductor materials, warns South Korean lawmaker. Helium, crucial for chip

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OOMCO Incident: How a Fuel Tank Incident Could Affect Your Business Operations in Oman

Oman Oil Marketing Company (OOMCO) reported a minor incident involving one of its fuel storage tanks, leading to temporary operational

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How the War is Disrupting Global Oil and Gas Supply: What Investors and Businesses Need to Know

Every day, around 80 oil and gas tankers pass through the Strait of Hormuz, carrying a fifth of the world’s

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RO 186 Million Road Projects Awarded: What This Means for Infrastructure Investment and Business Growth in Oman

The Ministry of Transport awarded RO 186.3M to expand Muscat Expressway and dualise Ibra road, enhancing connectivity, safety, and reducing

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Rolling Back War Risk Cover: How This Affects Investment Stability for Businesses in Oman

Leading international P&I Clubs are rolling back war-risk coverage in the Arabian Gulf and Strait of Hormuz, effective March 5,

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Oman Crude Oil Tender by Totsa: What Supply Tensions Mean for Your Investment and Business Opportunities

Totsa, TotalEnergies' trading arm, tendered up to two million barrels of Oman crude for April loading from Mina Al Fahal.

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FSA Reviews Insurance and Safety Requirements: Key Updates for Industry Investors and Business Owners in Oman

The Financial Services Authority (FSA) hosted a session on securing industrial facilities and insurance challenges. It highlighted gaps in understanding

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Strait of Hormuz Oil Traffic Plummets 90%: Implications for Oman’s Energy Sector and Investment Landscape

Oil tanker traffic through the Strait of Hormuz has plummeted by 90% due to the ongoing Middle East conflict, according

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