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Oil Surges More Than 7% as Strait of Hormuz Closure Roils Markets

April 20, 2026

Muscat: Oil prices jumped more than 7 percent today, rebounding sharply from steep losses in the previous session as the closure of the Strait of Hormuz rattled global energy markets.

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Dollar Hits One-Week High as Middle East Turmoil Spurs Safe-Haven Demand

April 20, 2026

The us dollar climbed at the start of asian trading today:aven assets. The dollar index, which tracks the greenback against a basket of major currencies, advanced 0.3 percent to 98.485

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Gold Drops More Than 1% as Stronger Dollar Weighs, Inflation Fears Persist

April 20, 2026

New york: Gold prices fell more than one percent today as the US dollar strengthened, while uncertainty over US-Iran peace talks pushed oil prices higher and reignited inflation concerns. Spot

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Omani Frankincense Secures International Geographical Indication Registration with WIPO, a First for the Gulf Region

April 20, 2026

Muscat: The Sultanate of Oman has successfully registered Omani frankincense as an international geographical indication with the World Intellectual Property Organization (WIPO). The issuance of the international registration certificate marks

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Tender Results of Government Treasury Bills Worth RO 9.2 Million Issued

April 20, 2026

Muscat: The total issuance of Government Treasury Bills stood at RO 9.2 million. The value of the allotted Treasury bills amounted to RO 5 million, for a maturity period of

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Muscat Stock Exchange Index Closes 0.66% Lower

April 20, 2026

Muscat: Muscat Stock Exchange (MSX) 30 index closed today at 8,259.25 points, declining by 54.7 points, or 0.66%, compared to the previous trading session, which closed at 8,313.98 points.

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Oman Participates in GCC Economic and Development Affairs Meeting

April 20, 2026

Muscat: The Sultanate of Oman today participated in a ministerial meeting of the GCC Economic and Development Affairs Authority, which was conducted via video conferencing. Dr. Khamis bin Saif Al

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Royal Office Minister Discusses Yemeni Crisis with German Ambassador

April 20, 2026

Muscat: Gen. Sultan Mohammed Al Nu’amani, Minister of the Royal Office, received today at his office Thomas Friedrich Schneider, Ambassador of the Federal Republic of Germany to the Republic of

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