March 5, 2026

US Dollar Declines as Investors Cling to Fragile Assumptions

Canberra: The US dollar fell today as investors clung to fragile assumptions that the conflict in the Middle East may prove less protracted than initially anticipated. The greenback retreated further from its more than three-month peak reached earlier…

Oil Prices Surge as Middle East Conflict Widens

Canberra: Oil prices advanced today as the widening conflict in the Middle East disrupts oil and gas flows, while supply remains constrained amid reduced output from production facilities. Brent crude climbed by USD 1.67, or 2.05 percent, to settle at…

Oman Oil Price Surges to USD 94.47

Muscat: The official price of Oman Crude for May delivery settled today at USD 94.47 per barrel. This represents an increase of USD 8.54 compared to yesterday’s closing price of USD 85.93.

According to Oman News Agency, the monthly average

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