Oman Reaffirms Stance on Strait Developments
The Sultanate of Oman has affirmed that the current situation in the Strait of Hormuz and its implications for international trade—particularly security, energy, and food supplies—are resulting in wide-ranging repercussions that are quickly extending beyond the region. It pointed out that disturbances in the strait lead to increased shipping, insurance, and energy costs, and place additional pressure on fragile economies, especially developing countries that rely heavily on imports. Oman continues to make efforts to maintain safe navigation and to support dialogue with Iran and Gulf countries to achieve practical understandings to ensure the continuity of commercial movement in accordance with international law.
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