OPEC plus nations agree to keep production quotas
The seven OPEC+ nations, namely Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman, have agreed keep oil production quotas in December at the previous month’s level, OPEC said.
The seven OPEC+ nations, namely Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman, have agreed keep oil production quotas in December at the previous month’s level, OPEC said.
The UK Maritime Trade Operations (UKMTO) center said late Thursday that a vessel was on fire in the Strait of Hormuz.
Residents of Kazakhstan can now travel directly from Astana and Almaty to Salalah in Oman on flights operated by Air Astana.
A tanker has struck a mine in the southern part of the Strait of Hormuz, causing an explosion and a fire in the engine room, Iran’s Islamic Revolutionary Guard Corps (IRGC) said.
The agreements between Iran and Oman regarding safe shipping routes in the Strait of Hormuz constitute a legal act, but do not entail the immediate opening of the strait, Iranian Deputy Foreign Minister Kazem Gharibabadi said.
Tehran and Muscat have agreed on safe transit routes in the Strait of Hormuz and will soon present this plan to the international community.
The authorities of Iran and Oman have reached an agreement on a plan to reopen the Strait of Hormuz to shipping, Iranian Foreign Minister Abbas Araghchi said during a meeting with his Chinese counterpart Wang Yi. "The Iranian side …
A meeting of foreign ministers from the Gulf countries and Iran that was originally planned to be held in Oman on September 14 has been postponed "in the interests of consensus," Omani Foreign Minister Badr al-Busaidi said.
The source said the agreement was concluded only by Tehran and Muscat
The UK Maritime Trade Operations (UKMTO) reported an attack on two vessels in the Strait of Hormuz near Oman; an investigation is ongoing
The unified GCC tourist visa will "see the light soon", the Gulf bloc’s secretary-general has said, indicating that the Schengen-style permit is moving closer to launch, Khaleej Times reported.
The seven OPEC+ nations, namely Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman, have agreed keep oil production quotas in October at the September, OPEC said.
Oman has effectively halted negotiations with Iran over the Strait of Hormuz following US threats, The New York Post reports
Muscat and Riyadh have stressed the importance of regional de‑escalation and discussed prospects for developing bilateral relations.
Brent crude rose above $92 per barrel on Monday, extending gains from the previous session amid renewed hostilities in the Middle East.
Iraqi Foreign Minister Fuad Hussein and Omani Foreign Minister Badr al-Busaidi agreed that the U.S. oughened anti-Iranian sanctions will impair trade, economic, and financial cooperation with Iran and will have a negative impact on the situation in the region, the Iraqi foreign ministry said after their phone call.
Iran and Oman have reached an agreement to share shipping revenues from the Strait of Hormuz, Islamic Revolutionary Guard Corps (IRGC) spokesman Hossein Mohebbi said.
Iran and Oman agreed to establish a temporary maritime corridor in the Strait of Hormuz that they will jointly oversee, Iranian Deputy Foreign Minister Kazem Gharibabadi said.
The details of the meeting will become known later
An oil tanker was damaged and left not under command in an attack off the coast of Oman, the United Kingdom Maritime Trade Operations (UKMTO) said.