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Crude Prices Extend Gains as Middle East Hostilities Reignite

June 11, 2026

New york: Oil prices continued their upward trajectory, gaining more than two dollars per barrel today, following the United States’ launch of airstrikes against Iran. Brent crude futures climbed USD

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European Central Bank Anticipates Interest Rate Hike Amid Rising Inflation

June 11, 2026

Frankfurt: The Governing Council of the European Central Bank convenes today for its regular policy meeting, amid widespread expectations of approving an increase in key interest rates for the first

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Dollar Wavers as Markets Weigh Interest Rate Outlook

June 11, 2026

Abu dhabi: The dollar delivered a fluctuating performance today, as fresh American strikes in the Middle East dampened market sentiment. The euro traded at USD 1.1553, edging slightly away from

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Oman Crude Oil Price Drops by USD 1.54

June 11, 2026

Muscat: The official price of Oman crude oil for August 2026 delivery settled at USD 88.01 per barrel today. This represents a decrease of USD 1.54 from yesterday Wednesday’s price

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HM The Sultan Sends Greetings to Presidents of Russia and Philippines

June 11, 2026

Muscat: His Majesty Sultan Haitham bin Tarik has extended his greetings to President Vladimir Putin of the Russian Federation on the occasion of his country’s Declaration of State Sovereignty Day.

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Oman Stresses Need to Address Conflict Roots for Middle East Peace

June 11, 2026

New york: The Sultanate of Oman has emphasized that achieving sustainable security and stability in the Middle East requires addressing the root causes of conflicts. In a speech delivered at

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US-Iran Military Escalation Threatens Ceasefire and Diplomatic Negotiations

June 11, 2026

Muscat: The United States and Iran have exchanged military strikes, imperiling the fate of the ceasefire accord and diplomatic efforts to reach a comprehensive peace agreement between them. US Central

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Amnesty International Accuses Israel of ‘Ethnic Cleansing’ in West Bank

June 11, 2026

Muscat: Amnesty International has accused Israel of conducting an ‘ethnic cleansing’ campaign against Palestinians in the occupied West Bank with the aim of annexing Palestinian territory.

According to Oman

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