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Author: Web Desk

Oil Surges More Than 7% as Strait of Hormuz Closure Roils Markets

Muscat: Oil prices jumped more than 7 percent today, rebounding sharply from steep losses in the previous session as the closure of the Strait of Hormuz rattled global energy markets. Brent crude futures climbed $6.56, or 7.26 percent, to $96.94 per b…

Omani Crude Oil Price Declines by $4.40

Muscat: The official price of Omani crude oil for June 2026 delivery settled today at $97.51 per barrel.

According to Oman News Agency, the price of Omani crude recorded a decline of $4.40 compared to its level last Friday, which stood at $101.91 pe…

HM The Sultan Appoints Non-Resident Ambassador to Four Countries

Muscat: His Majesty Sultan Haitham bin Tarik today issued Royal Decree No. (48/2026) on appointing a Non-resident Ambassador. Article (1) of the decree appoints Abdul Ghaffar bin Abdul Karim bin Issa Al Balushi, the Sultanate of Oman’s Ambassador to t…

HM The Sultan Awarded Arab Tourism Excellence Medal

Jeddah: His Majesty Sultan Haitham bin Tarik has been awarded the Arab Tourism Excellence Medal by the Arab Tourism Organization. This prestigious recognition highlights His Majesty’s significant contributions to fostering joint Arab action and enhanc…

Muscat Stock Exchange Index Closes 0.66% Lower

Muscat: Muscat Stock Exchange (MSX) 30 index closed today at 8,259.25 points, declining by 54.7 points, or 0.66%, compared to the previous trading session, which closed at 8,313.98 points.

According to Oman News Agency, the total value of traded s…