Muscat: The US dollar stood at three-month lows today after the Treasury Department moved to calm a bond market rout that had pushed long-end yields to their highest since 2007. The dollar index, which measures the US currency against six other units,…
Author: ann.admin
Foreign Minister and Japanese Counterpart Strengthen Bilateral Relations in Muscat
Muscat: Sayyid Badr bin Hamad Al Busaidi, Foreign Minister, received Motegi Toshimitsu, Japan’s Minister for Foreign Affairs, in Muscat today. During the meeting, the two ministers discussed the friendship and cooperation ties between their respective…
Oil Prices Steady as Investors Assess Hormuz Shipping Security
Muscat: Oil prices held steady in early trade today as investors assessed the outlook for the US-Iran war and the security of shipping through the Strait of Hormuz. Brent crude futures for October delivery rose 25 cents, or 0.3%, to $91.87 a barrel, w…