Gulf-European Talks on Hormuz in New York
The Gulf European meetings and discussions in New York focused on the Strait of Hormuz, where participants emphasized the importance of security and stability in this vital waterway to ensure the continuity of international trade. They stressed the need for regional and international cooperation to curb bullying tactics that threaten navigation through the strait. The discussion also highlighted the importance of strengthening security frameworks and negotiations to maintain the freedom of ports. Additionally, the participants noted that Oman is leading as the region's top diesel supplier, with Standard & Poor's expecting Oman’s economic growth to rise to 3.5%.
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