Oil Price Today (August 27): Crude oil dips to $87, down for 4th session amid Hormuz reopening hopes. What are experts saying?Oil prices slipped on Thursday, extending their losing streak, as hopes of a Strait of Hormuz reopening grew amid diplomatic efforts involv...
Shipping traffic through Strait of Hormuz rises slightly, data showsShipping traffic through the Strait of Hormuz saw a slight increase on Wednesday. This occurred while a geopolitical standoff between the U...
Qatar PM to visit Tehran to pursue mediation effortsQatar’s prime minister is visiting Tehran to revive diplomacy between Iran and the United States as sanctions intensify and negotiations ov...
Iran warns of military ship ban in Hormuz under potential deal with OmanIran and Oman are negotiating arrangements to manage commercial shipping through the Strait of Hormuz, excluding military vessels, as Qatar...
Iran, Oman reach deal on Strait of Hormuz, but reopening hinges on US conditionsIran and Oman reached an agreement on Strait of Hormuz control and revenues. The Revolutionary Guards stated the strait will not reopen wit...
Some Indian refiners, a global energy major plan to avoid Iran-blacklisted ships amid Hormuz riskIndian refiners and a global energy major will avoid Iran's blacklisted ships. This decision stems from security concerns over vessels cros...
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $...
'Not open tomorrow': Iran FM Gharibabadi says temporary Oman route isn't Strait of Hormuz reopeningSpeaking in a television programme on Tuesday night, Gharibabadi said the understanding reached with Oman should not be interpreted as the ...
Oil prices slide 2% on Iran-Oman talks to reopen Strait of HormuzOil prices have dropped following the revival of discussions between Iran and Oman regarding the management of the Strait of Hormuz. The lo...
Iran and Oman discuss temporary Hormuz corridor as impasse with US drags onIran and Oman are discussing managing the Strait of Hormuz traffic. The United States is sending personnel back to Middle East diplomatic m...
US prepares to send diplomats back to Middle East embassies after Iran war evacuations: ReportEmbassies slated to restore higher staffing levels include those in Israel, Lebanon, Saudi Arabia, Qatar, Jordan, Oman, Iraq and Kuwait, ac...
1 Indian killed, 9 injured after vehicle overturns in OmanOne Indian national died and nine others sustained injuries in Oman. The vehicle veered off the road on Sultan Said bin Teymur Street. Roya...
Iranian Parliament Speaker Ghalibaf claims US put regional allies at risk "for the sake of Israel"Iranian Parliament Speaker Ghalibaf stated the US endangered allies for Israel's sake. He mentioned neighboring countries seek new regional...
Oman-India ties to move from buyer-seller model to strategic partnerships; opportunities across sectors: EnvoyOman and India are strengthening economic ties, moving towards strategic business partnerships. A new Comprehensive Economic Partnership Ag...
From hammering Iran to strangling them: Donald Trump has a new approach in Middle East warPresident Trump is shifting his Iran strategy towards sustained economic and military pressure. Talks with Tehran have stalled, and a paral...
Trump is threatening to bomb Oman, but why?Oman faces US President Trump's threats amid ongoing talks with Iran. These discussions concern managing the vital Strait of Hormuz shippin...
Trump threatens to 'bomb' Oman if they get in way of Hormuz dealUS President Donald Trump has threatened military action against Oman if it interferes with the US blockade of Iranian ships in the Strait ...