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الشبيبة
Oil rebounds as Brent nears 90
Oman's non-oil exports exceeded 2.7 billion riyals until May, despite the ongoing decline in the oil market, as Brent crude oil fell to $87.24 per barrel. However, oil recovered some recent losses and approached the $90 mark. Meanwhile, the price of 21-karat gold in the Sultanate was around 50.36 riyals, amid a global decline in gold prices. Washington announced that the corridors of the Strait of Hormuz are free of Iranian mines, while King Harald V of Norway passed away at the age of 89.
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