Business

Oil Jumps as US Strikes on Iran Revive Supply Fears

Muscat: US oil prices surged about three percent in early trading today, extending gains from the previous session, after the US military launched a series of strikes on Iran, reigniting concerns that the fragile truce could collapse. West Texas Inter…

Dollar Holds One-Week High as US Resumes Strikes on Iran

Tokyo: The dollar held firm at its strongest level of the week against most major currencies at the start of Asian trading today, as the United States resumed strikes on Iran, reigniting geopolitical tensions and sending oil prices higher.

Oman Oil Price Rises by USD 5.01

Muscat: The official price of Oman crude oil for delivery in September 2026 settled at USD 71.36 per barrel today. Today’s price recorded an increase of USD 5.01 from yesterday’s price, which was USD 66.35 per barrel.

According to Oman

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