Latest news and articles about Oman from NEX English
Oman has recorded a significant increase in the consumer price index, with inflation rising by <strong>3.6%</strong> in March 2026 compared to the same month last year. Official data indicates that the average inflation rate during the first quarter of this year reached <strong>2.3%</strong>.
The Omani Ministry of Energy and Minerals has announced the launch of five new exploration blocks in the oil and gas sectors to enhance competition among local and international companies. This initiative aims to optimize the use of natural resources and support the national economy.
Oman's exports reached <strong>406 million Omani rials</strong> in the first quarter of 2023, reflecting a significant recovery in the country's foreign trade. These figures indicate sustainable growth in the Omani economy.
In a significant diplomatic move, Iran has announced the transfer of its negotiations with the United States from Turkey to Oman. This decision comes at a time when U.S. President Donald Trump refuses to rule out military options.
The Omani Minister of Transport has stated that imposing fees on ships passing through the Strait of Hormuz contradicts international laws. This statement comes amid Iranian proposals to levy such fees, raising concerns in the international community.
Oman's Minister of Transport and Communications, Said Al-Maawali, stated that imposing fees on ships passing through the Hormuz Strait contradicts international maritime agreements. This statement comes amid reports of Iran and Oman considering such fees.
Iran and Oman have announced the imposition of fees on ships passing through the Hormuz Strait as part of a two-week ceasefire agreement brokered by Pakistan. This move aims to enhance economic cooperation between the two countries.
Amid a truce between Washington and Tehran, Iran is attempting to implement a transit fee system for ships in the Strait of Hormuz, raising international concerns. In response, Oman reaffirms its commitment to maritime laws that ensure freedom of navigation.
Oman's Minister of Transport, Engineer Said bin Hamoud Al-Maawali, announced that the Sultanate has signed international agreements preventing transit fees for ships in the Strait of Hormuz. This reflects Oman's steadfast position in supporting free navigation.
Oman's Ministry of Foreign Affairs has welcomed the ceasefire announced between Iran and the United States, praising Pakistan's role in mediation. The ministry emphasized the importance of building on this truce to address the root causes of the crisis.
Iran and Oman are planning to impose transit fees on ships passing through the Hormuz Strait during a two-week ceasefire, according to the semi-official Tasnim news agency. The collected funds will be allocated for reconstruction purposes.
Iran has announced that it will manage navigation in the Strait of Hormuz according to its own laws, in coordination with Oman. This move reflects Iran's intention to strengthen control over strategic waterways amidst rising tensions in the region.
Dubai has announced a set of new customs regulations aimed at directing shipment traffic through Oman amid ongoing logistical disruptions in the region. This initiative comes at a critical time when the transportation sector faces significant challenges.
A recent analysis revealed that the closure of the Strait of Hormuz and the subsequent spike in oil prices have led to significant gains for Iran, Oman, and Saudi Arabia. Meanwhile, other countries have suffered substantial losses due to their lack of effective export alternatives.
Sheikh Saud bin Rashid Al Mualla, the ruler of Umm Al-Quwain, expressed his condolences to Sultan Haitham bin Tariq of Oman on the passing of Turki bin Mahmoud Al Said. He conveyed his deep sorrow for the loss of a prominent figure in Oman.
Oman has strongly condemned the attack on the United Arab Emirates embassy in Syria, emphasizing the need to respect national sovereignty. This statement comes at a sensitive time requiring enhanced cooperation among Arab nations.
A military aircraft belonging to Oman crashed during a training mission, resulting in injuries among the crew. Omani authorities have initiated an investigation to determine the cause of the incident.
Omani authorities have thwarted a significant cocaine trafficking operation in Salalah, arresting several individuals involved in the network. This operation is part of the government's efforts to combat drugs and enhance internal security.
Oman has announced a meeting with Iran to discuss navigation issues in the Strait of Hormuz, one of the world's most critical waterways. This meeting comes at a sensitive time marked by increasing regional tensions.
Oman has announced a new initiative to provide monthly financial allowances to families of missing persons, aimed at offering psychological and material support. This decision is part of the government's efforts to improve the living conditions of these families and alleviate their suffering.
Oman and Iran explored ways to ensure smooth passage through the Hormuz Strait amid rising tensions in the region following the outbreak of war in the Middle East. This meeting comes at a critical time as Tehran has nearly completely closed this vital maritime passage.
Iran and Oman convened an important meeting to discuss ways to enhance maritime security in the Strait of Hormuz amid rising American threats. This meeting underscores the significance of regional cooperation in addressing security challenges in this vital waterway.
Oman and Iran are engaged in talks aimed at facilitating transport in the Strait of Hormuz, one of the world's most vital maritime passages. This initiative seeks to strengthen bilateral cooperation between the two nations.
Oman and Iran explored methods to guarantee smooth transit in the Strait of Hormuz amid Tehran's closure of this vital maritime passage since the outbreak of war in the Middle East. The meeting, held at the level of deputy foreign ministers, comes at a sensitive time requiring coordination between the two countries.
Oman has announced talks with Iran regarding the reopening of the Strait of Hormuz, coinciding with ongoing Israeli and American airstrikes on Iran. The meeting, which included representatives from both foreign ministries, explored options for reopening this vital waterway.
The government of Oman has announced the completion of its acquisition of SalamAir, confirming that both SalamAir and Oman Air will continue to operate as independent brands. This move aims to enhance the competitiveness of local airlines amid global challenges.
An Omani-Iranian meeting was held to discuss ways to facilitate passage through the Strait of Hormuz, a crucial waterway. Officials from both countries' foreign ministries attended the meeting, exploring various options to ensure smooth movement in this vital corridor.
Oman and Iran are working to enhance cooperation to ensure smooth transit in the Hormuz Strait, a critical waterway for global trade. These discussions come at a sensitive time marked by rising tensions in the region.
The Ministry of Foreign Affairs of Oman condemned the attacks on the UAE embassy in Syria that occurred yesterday, emphasizing the need to respect sovereignty and international laws.
Indonesia's men's hockey team faced a harsh defeat against Oman, losing 1-4 in the 2026 Asian Games qualifiers held in Bangkok. The match showcased Oman's impressive comeback after initially trailing.