Deadly attack on Indian cargo ship off coast of Oman
A crew member was killed in an attack on an Indian cargo vessel off the coast of Oman.
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A crew member was killed in an attack on an Indian cargo vessel off the coast of Oman.
An attack on a cargo ship in the Strait of Hormuz on Wednesday killed an Indian sailor, Omani and Indian authorities said, with the latter condemning the ongoing attacks in the vital shipping lane. Since the start of the Middle East war, Iran has sought to impose its control over the maritime conduit for Gulf oil and gas, occasionally striking ships accused of failing to coordinate with its authorities or deviating from its preferred route. In retaliation, the US has been enforcing a...
It is not yet clear who attacked the vessel while it was transiting towards India
Chinese firms have shown “very strong interest” in investing in Oman – across the Strait of Hormuz from Iran – as they aim to tap the lucrative Middle East market while minimising risks, an Omani official said. Banks, asset managers and law firms from China were getting in touch every day to ask about setting up in the International Financial Centre Oman, a free-standing legal zone in the country, the centre’s associate director for business development, Al Hussain al-Qalhati, said. The...
Oman’s Sohar port is becoming a popular spot for ship-to-ship oil transfers amid continued Hormuz blockade.
Oil supplies from the Red Sea region have not been affected so far, says the Ministry of External Affairs; Oman is helping with search operations for missing Indian seafarer after attack on oil tanker, says government
Hopes for a breakthrough on the Iran war have taken a hit after talks in Oman between Iran-Gulf nations were postponed.
Oman says Hormuz talks with Iran and Gulf states are postponed 'in the interests of consensus'.
Iran and Oman have reached an agreement over new entry and exit routes for the Strait of Hormuz, Tehran said on Saturday.
Iran's Foreign Ministry says the meeting in Oman is to 'promote better understanding among the countries of the region'.
Oil extended gains as traders watched for details of an Iranian deal with Oman to manage shipping through the Strait of Hormuz. Bloomberg's Michael Heath shares what we know so far. (Source: Bloomberg)
Traffic through the Strait of Hormuz is nearing a standstill amid the Iran war. Now, Tehran says it’s finalizing a deal with Oman for a temporary, safe route through the strategic waterway.