Oman & Petroleum
34 shared events · Importance 12 · Last updated May 09, 2026
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International
Oman: Oman, sharing territorial waters of the Strait of Hormuz with Iran, will also be allowed to charge fees on ships transiting through the strait as part of the ceasefire plan.
Petroleum: Petroleum prices plunged following the ceasefire agreement and the temporary reopening of the Strait of Hormuz, after weeks of price increases due to the Middle East war.
Apr 07, 2026 · 79 articles
International
Oman: Oman, as a Gulf Arab country, experienced significant crude production losses and a sharp decline in jet fuel exports.
Petroleum: Petroleum prices have surged above $100 per barrel due to the Iran war and the closure of the Strait of Hormuz, leading to higher costs across multiple sectors.
Apr 08, 2026 · 307 articles
International
Oman: Oman has previously mediated talks between the United States and Iran and is being approached by Iran to support a toll collection mechanism for the Strait of Hormuz.
Petroleum: Global petroleum shipments are severely disrupted by the standoff in the Strait of Hormuz, leading to increased prices and economic fallout.
Apr 26, 2026 · 104 articles
International
Oman: Oman is geographically significant as it borders the Strait of Hormuz, a critical chokepoint for global oil shipments that has been affected by Iranian threats and attacks during the war.
Petroleum: The withdrawal of United Arab Emirates from OPEC could lead to increased supply of Petroleum in the medium term, potentially putting downward pressure on prices, though short-term effects are uncertain due to geopolitical tensions.
Apr 28, 2026 · 222 articles
International
Oman: Oman reported that a residential building in Bukha was hit, injuring two people, indicating the broader regional impact of the conflict.
Petroleum: Petroleum prices jumped due to the US-Iran clashes in the Strait of Hormuz, reversing recent declines and reflecting increased geopolitical risk.
May 04, 2026 · 46 articles
International
Oman: Oman has rejected Iran's proposal to charge ships for passage through the Strait of Hormuz.
Petroleum: The conflict and the closure of the Strait of Hormuz have significantly impacted global petroleum supplies and prices, leading to market volatility.
Apr 08, 2026 · 702 articles
International
Oman: Oman is part of Iranian Foreign Minister Abbas Araghchi's diplomatic tour, indicating its role in regional consultations.
Petroleum: Petroleum has surged due to the closure of the Strait of Hormuz, reflecting the severe shock to global energy supplies. Its volatility is directly tied to developments in the conflict.
Apr 11, 2026 · 283 articles
International
Oman: Oman's capital, Muscat, was a stop for Abbas Araghchi during his diplomatic travels, indicating its role as a potential neutral ground for discussions.
Petroleum: Petroleums have spiked more than 50% above pre-war levels due to the prolonged closure of the Strait of Hormuz.
Apr 26, 2026 · 17 articles
International
Oman: The Strait of Hormuz is in the territorial waters of Oman, which is mentioned in the context of its international waterway status.
Petroleum: The conflict and blockade of Iranian ports directly impact the trade and supply of Petroleum, particularly through the Strait of Hormuz.
Apr 22, 2026 · 36 articles
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