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Sources reported that the Houthis launched an attack on Saudi Arabia, resulting in 11 injuries, while the Kingdom warned of a potential imminent attack. Additionally, Iran announced that it had reached an agreement with Oman to share revenues from the Strait of Hormuz, discussing the outcomes of negotiations between the two countries regarding this vital strait. In another development, Oman’s oil production increased to 233.8 million barrels by the end of July, with the average daily production rising by 11.3%. These events come amid escalating regional tensions and diplomatic efforts to enhance the security of the Strait of Hormuz.
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