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The Latest Breaking News from Oman

'No plans to negotiate with US': Iran dismisses Trump's claims, says Washington 'pleaded for end of conflict'

In a firm stance, Iran's Deputy Foreign Minister has made it clear that there are no intentions to negotiate with the United States. Instead, the focus remains on fruitful discussions with Oman. He warned that any European naval ships entering the Strait of Hormuz would be treated as legitimate targets.…

The Economic Times

Ships transiting via Bab el-Mandeb strait at highest in a week, data shows

Thirty-seven commodity ships passed through the Bab el-Mandeb strait on Tuesday, a notable increase. Only a few vessels transited the Strait of Hormuz, indicating a shift in shipping routes. Yemen's Houthis claimed missile attacks on a Saudi oil tanker in the Red Sea. China has engaged in direct talks with…

The Economic Times

Iran proposes temporary Hormuz plan to Oman, giving itself greater control over transit lines

Iran proposed a temporary Strait of Hormuz arrangement to Oman. This plan involves traffic passing through Iranian waters in both directions. Tehran rejected Oman's equal division proposal due to security concerns. Iran stated the Strait would remain closed if its proposal is rejected. Tehran also warned against any third country…

The Economic Times

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Oman presents Iran with Gulf-backed plan to ease Strait of Hormuz tensions

Oman has presented Iran with a Gulf-backed proposal to jointly manage the Strait of Hormuz, including a system of voluntary fees for ships using the strategic waterway, according to a Gulf source and a Western diplomat. The plan aims to provide a framework for restoring stable shipping through the strait…

France 24

Why is Oman proposing a new plan to manage the Strait of Hormuz?

Oman has proposed a regional management plan for the Strait of Hormuz. This plan suggests voluntary fees to cover operational costs and services. Iran previously sought to control the strait and charge transit fees. The United States also considered charging for passage through the waterway. International law generally prohibits charging…

The Economic Times

India bonds pause rally as large debt supply, Fed decision loom

Indian government bonds ended the day unchanged on Tuesday after a recent rally, as an influx of ten-year notes and the Federal Reserve's policy decision dampened risk appetite. Market participants kept a close eye on oil prices and U.S. Treasury yields for guidance. There is an expectation of a rate…

The Economic Times

Iran Is Holding Talks About The Future Of Hormuz With Oman And Saudi Arabia. Oil Keeps Dropping

Iranian Foreign Minister Abbas Araghchi held talks with Omani and Saudi counterparts about the future of navigation through the Strait of Hormuz.

International Business Times

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Iran, Oman Reportedly Work Out Hormuz Deal as Trump Sees 'Very Friendly Negotiations' On Ending the War: 'Good Chance…Something Could Happen'

A pause in U.S.-Iran hostilities has sped up diplomatic efforts to secure a temporary agreement to reopen shipping through the Strait of Hormuz, a major flashpoint in the conflict.

Benzinga

Trump warns of return to ‘strong military action’ if Iran diplomacy fails

Washington and Tehran issue conflicting messages over the status of talks to end Middle East crisis

The Guardian - UK

Mediators see progress in diplomatic efforts to halt Iran war, 2 regional officials say

Mediators have made progress in efforts to bring the United States and Iran back to negotiations and prevent an all-out war in the Middle East, according to two regional officials

The Independent UK

India's engineering exports climb 21% to $11.48 bn as China demand surges 74%

India's engineering exports rose 21% year-on-year to $11.48 billion in June, supported by strong demand from China, the US, Germany and Oman despite shipping disruptions in the Red Sea and Strait of Hormuz. Engineering exports grew 18.09% in the April-June quarter, helping support India's merchandise exports amid rising logistics costs.

The Economic Times

Engineering goods exports surge 21% in June, over five-fold rise in shipments to Oman

India's engineering exports reached US$11.48 billion in June, marking a 21% year-on-year increase. Shipments to Oman and China saw substantial growth, boosting regional performance. The United States remained the top destination for Indian engineering goods during this period.

The Economic Times

US, Iran hold fire for second day as ceasefire talks gain momentum

The United States and Iran refrained from launching attacks for a second consecutive day as mediators worked to revive an interim ceasefire agreement after nearly two weeks of escalating hostilities. The pause has raised cautious hopes for de-escalation, with Oman-led diplomacy focusing on restoring confidence and addressing disputes over navigation…

The Economic Times

Kospi index and U.S. stock futures jump as new Hormuz talks send oil prices plunging amid Iran war pause while Wall Street awaits Fed meeting

Iran and Oman are also in talks that center around having Iran run vessel transit through the Strait of Hormuz with fewer restrictions on ships.

Fortune

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The Economic Times

Oil tanker explodes after hitting naval mine in Strait of Hormuz: Iranian Media

An oil tanker reportedly exploded after deviating from Iran's designated shipping route. This incident occurred amid ongoing diplomatic progress between Iran and Oman. Regional sources indicated that US bombings in the area were intentionally paused. Military leaders cautioned against a broader campaign due to depleting missile interceptors. Iranian forces had…

The Economic Times

Iran-Oman talks on reopening Strait of Hormuz make progress: Report

Omani officials visited Tehran for talks on reopening the Strait of Hormuz. These discussions occurred while the United States paused its bombings in the region. Iran accused the United States of violating a memorandum of understanding regarding shipping routes. The US Central Command stated its naval blockade against Iran remains…

The Conversation

Ugandan women work in the Middle East even though they face abuse. They told us why

Labour migration from Uganda to the Middle East has surged since the early 2000s, with many young women travelling for employment as domestic workers. Most of these jobs are in Oman, Kuwait, the United Arab Emirates and Saudi Arabia.

The Economic Times

US military completes its latest strikes on Iran, marking the 10th successive night of attacks

A tanker was attacked early Tuesday in the Strait of Hormuz off Oman. Two other ships faced assaults in the strait over the last day. The United States military conducted its tenth consecutive night of strikes on Iran. Nearly one hundred US service members have been injured since early July.…

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The Times of India

Mediators propose 10-day truce to revive interim deal: Iran official

Iran received a 10-day ceasefire proposal from mediators to end the ongoing conflict. US strikes on Iranian cities continued for a ninth consecutive night. Iran's Revolutionary Guards attacked US military assets across the region. Two oil tankers exploded after attempting to transit the Strait of Hormuz. A vessel was struck…

The Economic Times

Indian envoy meets distressed women workers in Oman; assures prompt action for grievances

India's Ambassador to Oman met distressed Indian domestic workers at a shelter. He assured them of prompt action to resolve their grievances and complaints. The embassy provides free boarding and lodging facilities to these vulnerable workers. This outreach follows reports of abuse and non-payment of wages for Indian women. The…

Benzinga

Vessel Catches Fire Near the Strait of Hormuz off Oman Amid US-Iran War Escalation: Report

A vessel reportedly caught fire on Monday near the coast of Oman in the Strait of Hormuz as tensions escalate between the U.S. and Iran following missile strikes.

The Economic Times

Ship catches fire in Strait of Hormuz as US-Iran conflict escalates

A ship caught fire near Oman's coast amid escalating US-Iran tensions. US airstrikes targeted Iran after a service member's death in Iraq. Iran retaliated with missiles toward Jordan, risking wider regional conflict. Both sides have targeted civilian infrastructure, impacting millions of people. Shipping traffic in the Strait of Hormuz has…

The Economic Times

Iran-linked tankers U-turn, zig-zag as US enforces blockade

US sanctions on Iranian shipping have been reimposed, impacting tanker movements. Several Iran-linked tankers changed course in the Gulf of Oman and Arabian Sea. Ship tracking data shows diversions and zig-zagging patterns by these vessels. The US military has also taken action against non-compliant ships. Observable shipping activity through the…

The Economic Times

Dark ships and Oman transfers indicate Hormuz transits continue

Ship-to-ship transfers are occurring off Oman's coast, indicating continued Strait of Hormuz transit. Satellite images show tankers off Fujairah and Sohar, key transfer points. Some vessels are now exiting the Gulf of Oman after recent Iranian attacks. Commercial traffic continues through Hormuz but at reduced levels. Operator caution persists, though…

The Economic Times

Strait of Hormuz attack: Indian Consulate officials visit hospitalised MT Al Bahiyah, MT Mombasa seafarers, assure support

Indian Consulate officials visited seafarers injured in a recent tanker attack. They offered full support and assistance to the recovering crew members. The officials met with injured Indian seafarers in hospitals across the UAE. This visit followed an attack on two commercial tankers in Omani waters. The UAE Ministry of…

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