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الراي
Omani Energy Minister Sees Strait Disruptions as Temporary
Omani Minister of Energy, Salim al-Aufi, said that disruptions in the Strait of Hormuz will be short-term and that the situation is expected to stabilize in the medium term. He pointed out that the sharp rise in oil and liquefied natural gas prices is unsustainable for everyone. He also confirmed that Sultanate of Oman still has the capacity to continue producing oil and gas, and emphasized the urgent need to diversify export routes and identify alternatives for oil output from the region.
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