Muscat: OPEC today lowered its forecast for global oil demand in the second quarter of 2026, citing the fallout from the ongoing Middle East conflict, while leaving its full-year estimates

Muscat: The Ministry of Housing and Urban Planning organized a meeting today for media professionals and journalists at the Ministry’s headquarters to introduce its projects, initiatives, and the comprehensive development

Muscat: Total electricity production in the Sultanate of Oman recorded a significant increase of 17.4 percent during the first two months of 2026, reaching 6,565.1 gigawatt-hours (GWh) compared to 5,590.6

Muscat: Gold prices today fell to their lowest level in nearly a week, pressured by a resurgent dollar, while a sharp spike in energy costs stoked inflation concerns and further

Berlin: German energy giant E.ON expects electricity and gas prices to continue climbing over the long term as a result of ongoing tensions in the Middle East, according to senior

Muscat: The dollar strengthened to the highest level in a broad rally against most its peers in early Asian trade today as peace talks between the US and Iran broke

Seoul: South Korean Finance Minister Koo Yun-cheol said today that South Korea aims to expand its free trade agreement (FTA) network with emerging markets, such as Latin America and Africa,

Muscat: Oil prices surged past $100 a barrel today as the US navy prepared to blockade the Strait of Hormuz after talks between the United States and Iran ended without