Oman

Iran definitively rejected proposals for a temporary uranium enrichment suspension on Monday, dealing a setback to ongoing U.S.-Iran nuclear negotiations as both sides maintain hardline positions over Tehran’s atomic program. What Happened: Iranian Foreign Ministry spokesperson Esmail Baghaei...

“Trump Signature Villas” in AIDA, Oman were unveiled by Dar Global, a luxury real estate development company. This project is a strategic collaboration with The Trump Organization. What Happened: Dar Global announced on Wednesday its plans for the “Trump Signature Villas”...

Oil prices witnessed a sharp 2.5% increase to over $74 per share in early New York trading on Thursday following the seizure of a tanker by Iran off the coast of Oman. The St Nikolas, previously seized by the U.S. for carrying Iranian oil, was transporting Iraqi crude to Turkey when Iran detained...

OPEC+, a consortium comprising 22 oil-producing nations, announced Sunday an unexpected production cut that will likely give a further boost to oil prices bouncing off their recent lows. What Happened: The combined cut announced by the oil consortium will be around 1.16 million...

JPMorgan’s Phil Gresh likes Occidental Petroleum Corporation (NYSE: OXY)'s “combination of offense and defense,” and mentioned that the stock valuation currently prices in the medium-term expectations. Gresh downgraded the rating on the company from Overweight to Neutral, while...