Oil drops on Saudi supply restart
The Sultan of Oman has directed the preparation of a long-term plan to boost non-oil growth based on local resources and a strategic location, according to the Minister of Economy. This initiative is part of the Sultanate's efforts to develop non-oil trade and reduce dependence on oil, aiming to improve the trade balance. Additionally, oil prices have declined following the resumption of Saudi exports, as part of efforts to mitigate the impacts of global economic crises.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)