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Oil prices experienced a significant increase, with the Oman oil price reaching $89.12 after a 4% jump, due to waning hopes of opening the Strait of Hormuz and fluctuations in global markets. Oman's Customs announced that purchase commissions are not included in the customs value, amid a 206% surge in India's purchases of Omani oil to secure its supplies. Additionally, the University of Technologies and Applied Sciences celebrated its 6th anniversary since its founding, while the 42nd meeting of the Gulf Cooperation Council Anti-Corruption Experts Committee continued its proceedings.
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