Oman

Iran to continue consultations with Oman on Hormuz

Iran will soon resume dialogue with Oman on developing new shipping regulations in the Gulf region, particularly in the Strait of Hormuz, Iran's Foreign Ministry Spokesman Esmaeil Baghaei announced on Monday.

Saudi Arabia boosts revenue due to Hormuz blockade

The blockade of the Strait of Hormuz is creating an economic split among oil exporters in the Persian Gulf, with Saudi Arabia and Oman set for a windfall and others including the UAE seeing a drop in petrodollar income, Bloomberg reported.

OPEC plus to ramp up oil output in May

Eight leading OPEC+ countries have decided to increase oil production by 206,000 barrels per day (bpd) in May (compared to April levels), the organization’s statement said.

Oman and Iran discuss Strait of Hormuz

Representatives from the Iranian and Omani Foreign Ministries discussed the situation with shipping in the Strait of Hormuz and options for unimpeded passage of vessels.

Iran and Oman discuss Middle East escalation

The White House declared that the United States is prepared to target power plants in Iran. It stressed that such action would be necessary if Iran does not reopen the Strait of Hormuz soon.

Аббас Аракчи
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