Key energy sites under fire
Key Middle East energy sites under fire- Ras Laffan -Ras Laffan in Qatar is the world’s largest liquefied natural gas (LNG) hub. It has been repeatedly targeted by Iranian strikes…
Oman crude surges amid Gulf energy attacks, Brent tops $115
The official price of Oman crude for May delivery surged by $13.84 on Thursday, reaching $166.96, following Wednesday’s settlement of $153.12. The monthly average price for Oman cr…
Sohar Port terminal to prioritise Omani gateway cargo
MUSCAT: Hutchison Ports Sohar, operator of the Oman International Container Terminal (OICT) at Port of Sohar, has pledged to prioritise Omani import and export cargo—also known as…
Shawwal moon sighted; Eid Al Fitr on Friday
The sighting of the crescent moon for the month of Shawwal has been confirmed. Accordingly, tomorrow (Friday), March 20 will be the first day of Eid al-Fitr.
Outbound flights from the Middle East still hit by cancellations, except in Oman
Muscat: The Middle East aviation sector has been adversely affected by cancellations since the start of the Iran War on February 28.It may be noted that the Middle Eastern carriers…
Low-pressure system to bring rain from Friday
Muscat: The Civil Aviation Authority (CAA) has forecast the onset of weather disturbances in the Sultanate beginning Friday, March 20, due to the influence of a low-pressure system…
Oil prices surge, stocks sink on energy shock fears
Energy prices soared and stocks sank Thursday as Iran stepped up attacks on Gulf energy infrastructure, reigniting fears over global supplies and inflation.Brent crude topped $115…
Iran hits Saudi, Kuwaiti oil refineries in latest attacks
Drones struck a Saudi oil refinery on the Red Sea and caused fires at two others in Kuwait as Iran stepped up attacks on Gulf energy infrastructure on Thursday.Saudi Arabia’s defe…
Iran war leaves deep, costly scar on Mideast energy: Bousso
LONDON: The Iran war has shattered the fragile coexistence among Gulf energy producers that long underpinned regional stability. Oil and gas marketswill now carry a higher Middle E…
Oman-Dubai green corridor activated to boost trade flow
Muscat: Dubai Customs has announced the activation of a Green Corridor linking ports in the Sultanate of Oman and the Emirate of Dubai for both sea and air cargo shipments, in coop…