24 Hrs
Source:
الشبيبة
Navigation deal in Hormuz and lower energy prices
A scheduled agreement was reached today regarding the regulation of navigation in the Strait of Hormuz, amidst expectations of easing tensions and strengthening regional stability. Concurrently, energy prices declined following the news, amid widespread participation from 100 exhibitors at the Food Security Forum and Exhibition 2026, which is set to take place in Salalah the day after tomorrow. The Muscat Securities Market performed strongly, recording profits of 13.3 million Omani rials, with a significant increase in the market value of financing companies due to strong investor interest in the past week, along with the execution of 44,000 transactions.
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