Oil Transit Through Strait of Hormuz in 2025

In 2025, the average transit through the Strait of Hormuz reached about 20–21 million barrels per day of crude oil and petroleum liquids. This is a key route for oil exports from Persian Gulf countries.

In 2025, the average transit through the Strait of Hormuz reached about 20–21 million barrels per day of crude oil and petroleum liquids.

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2026-03-02T13:42:01+00:00

Oil Tanker Attacked Off Oman's Coast

An oil tanker flying the Marshall Islands flag was attacked by a drone boat off the coast of Oman. The incident resulted in a fire, one crew member was killed, and the rest were evacuated.

Economy Politics Country

2026-03-01T22:35:17+00:00

Attack on Tanker in Hormuz: Implications for Global Energy

The attack on the Skylight tanker off Oman's coast in the Strait of Hormuz has triggered significant consequences for global energy and shipping. The incident has led to a surge in oil prices, tightened insurance conditions, and a reassessment of shipping routes. Despite the OPEC+ decision for a modest production increase, experts warn of the risk of prolonged supply disruptions, potentially leading to a new energy crisis.

Economy Politics Country

2026-02-24T19:41:06+00:00

E&N announces dividends for H2 2025

E&N has proposed to pay 47 fils per share for H2 2025, marking one of the largest payouts in the company's history.

Economy Country

2026-02-18T10:17:57+00:00

Boxer Anthony Joshua becomes an investor in Oman

British world heavyweight champion Anthony Joshua has purchased a luxury apartment in Oman before his fight with Jake Paul. The athlete shared a helicopter flight video and spoke about his investment project.

Sport Economy Country