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Day: May 4, 2026

Oil Prices Drop as US Moves to Free Stranded Middle East Vessels

Brent: Brent crude futures for July delivery fell 2 percent following US President Donald Trump’s announcement of the initiation of efforts to free stranded vessels in the Middle East, according to trading data.

According to Oman News Agency, Brent …

Gold Edges Lower as Inflation Fears Cloud US Rate Outlook

Riyadh: Gold prices edged slightly lower today, weighed down by inflation concerns that have cast a shadow over the outlook for US monetary policy, while markets await developments in peace negotiations between the United States and Iran. Spot gold fe…

OCCI Engages in Key Discussions at Arab Meeting in Cairo

Cairo: Oman Chamber of Commerce and Industry (OCCI) participated in the 137th Extraordinary Session of the Union of Arab Chambers Council, held at the Arab League headquarters in Cairo. The session addressed a number of issues related to trade, energy…