Oman's Sultan Qaboos dead at 79

Sultan Qaboos bin Said of Oman died Saturday, according to the country's Diwan of Royal Court. He was 79, Anodolu agency reports. A three-day national mourning period was declared. The National Security Council called for …

OPEC+ ready to extend production cuts

OPEC and its allies have reached a consensus on the need to extend oil output cuts after March 2020, Oman's Minister of Oil and Gas Mohammed bin Hamad Al Rumhi said. "I think that we should extend the …

IMF finds out what hinders Middle East economy

Political uncertainty and volatile oil prices are hindering economic growth in the Middle East this year, but trends should reverse next year, according to a new report released Monday by the International Monetary Fund, Charlotte Observer …

Netanyahu blames Iran for Gulf of Oman aggression

Israeli Prime Minister Benjamin Netanyahu said that the international community should support the US in efforts to halt Iranian aggression in international waterways. "All peace seeking nations need …

 U.S. does not want war with Iran anymore

U.S. Secretary of State Mike Pompeo claims that Iran was behind last week's attacks on oil tankers in the Gulf of Oman, but stressed that Washington does not want to go to war with Tehran. "We don’t want …