Oman Oil exceeds $121, Brent hits peak
Oil prices in Oman have surged to a record high, with the price of a barrel surpassing $104.5 and reaching over $121 amid escalating repercussions of the Middle East war and rising gasoline prices in the United States. The Muscat Securities Market also experienced an increase, rising above 7,577 points, with a market value of 38.5 billion riyals. This coincided with the arrival of Oman’s first wind-powered "Valemax" ship along its coasts and efforts to strengthen economic and investment cooperation between Oman and India, alongside discussions on exploiting economic agreements and financial collaborations. All of this occurs amidst concerns over security developments in the region.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)