Omani Minister States Strait of Hormuz Will Open

Omani Minister of Energy, Salim bin Nasser al-Aufi, confirmed that the Strait of Hormuz will be opened, anticipating that the current situation is short-term and will stabilize in the medium term. He pointed to Oman’s ability to continue producing oil and gas, warning that sharp increases in oil and liquefied natural gas prices are not sustainable for everyone. The minister emphasized the urgent need to diversify export routes and identify multiple alternatives to ensure the stability of oil supplies in the region.

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