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The Latest Breaking News from Oman

Oil down 2% amid resumption of Hormuz shipments even as vessel hit near Oman

Aramco resumes Ras Tanura oil ⁠loadings after ⁠four-month halt

Bangkok Post

Oil edges lower amid resumption of strait shipments even as vessel hit near Oman

Oil prices are poised for significant weekly declines as supply worries ease with tankers navigating the Strait of Hormuz. Despite a cargo vessel being struck near Oman, with Iran implicated, and earthquakes in Venezuela causing minor infrastructure damage, crude shipments through the vital waterway have increased. However, lingering geopolitical tensions…

The Economic Times

US wants Iran deal but 'not at any price', Rubio says

US Secretary of State Marco Rubio said on Thursday Washington would not accept any Iran deal allowing Tehran to impose fees on shipping through the Strait of Hormuz, warning it would cause "total chaos". His remarks came after an attack on a vessel forced the United Nations to suspend mariner…

France 24

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Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Cargo ship attack near Oman lifts crude prices

Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a cargo ship was struck near Oman, raising concerns over crude shipments through the Strait of Hormuz. Brent and US WTI crude futures moved…

The Economic Times

Iran fired on cargo ship in Strait of Hormuz, say US officials

Iran fired on a cargo ship transiting the Strait of Hormuz on Thursday, according to two US officials cited by Reuters. The vessel had earlier reported being struck by a projectile near Oman's coast. The incident raises fresh concerns over maritime security and shipping traffic through the strategically vital waterway.

The Economic Times

US says wants deal with Iran, but not 'at any price'

MANAMA - Top US diplomat Marco Rubio said Thursday that there were limits to what Washington would accept in any deal with Iran, warning that permitting Tehran to charge fees in the Strait of Hormuz would open the door to "total chaos".

Bangkok Post

Cargo ship hit by projectile in Hormuz as Iran issues renewed passage warning

The British military said a cargo ship on the new Omani UN-backed route sustained bridge damage from a projectile, hours after the IRGC warned that vessels without Iranian permission were transiting "illegally".

Euronews

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British military says a cargo ship was hit while moving through the Strait of Hormuz

In a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as Iran warned of the need for its consent for passage. Despite this incident, multiple tankers successfully navigated the critical waterway. U.S. Secretary of State Marco Rubio…

The Economic Times

Vessel hit by 'unknown projectile' in Hormuz Strait: Maritime agency

The UK Maritime Trade Operations (UKMTO) security agency reported that the incident occurred 7.5 nautical miles (14 kilometres) southeast of Dahit, in Oman's Musandam exclave.

The Economic Times

Iran rejects UN-backed plan to free ships trapped in strait of Hormuz

Blocking of proposal backed by Oman signals new threat to free passage through strait vital to world economy

The Guardian - UK

Rubio warns Hormuz tolls would 'spread like contagion' to other waterways

US Secretary of State Marco Rubio warned that imposing tolls on ships in the Strait of Hormuz would lead to "total chaos," a stance reiterated by Oman which stated no fees would be levied. Iran, however, insisted on its authorization for passage and appeared to criticize Oman's new shipping route.…

The Economic Times

IRGC warns ships off Oman's corridor in Hormuz as Rubio draws line on tolls

The IRGC warned that any vessel navigating outside Tehran's designated routes was acting illegally, directly rejecting Oman's newly announced temporary corridor, as Rubio told a GCC meeting the US would not accept fees regardless of how they are framed.

Euronews

Stoic Warrior oil tanker navigates the Strait of Hormuz despite Iran threats

The Stoic Warrior took off early Thursday morning on a trip that saw it hug the coast of the United Arab Emirates and then Oman

The Independent UK

IRGC Navy rejects new Strait of Hormuz route, warns of enforcement measures: Iranian Media

Iran's Revolutionary Guard Navy has issued a stern warning to vessels transiting the Strait of Hormuz, insisting on the use of only Iran-approved routes. This declaration follows Oman's announcement of a new, temporary maritime corridor in coordination with the International Maritime Organization. The IRGC stated that any passage outside designated…

The Economic Times

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Euronews

Hormuz confusion deepens as Iran and US clash over who controls it

Trump said Tehran had promised no tolls or charges in the strait, hours after Iran and Oman announced a joint permit system asserting their authority over the waterway. Rubio flew to Abu Dhabi to reassure Gulf allies, as analysts warned control over Hormuz would be a major strategic victory for…

France 24

Iran-US technical talks to be held in Switzerland by end of June, Rubio says

US Secretary of State Marco Rubio said during his tour of Gulf countries Wednesday that he believed technical talks between the United States and Iran would resume on June 29 or 30 in Switzerland. Earlier Israel’s Defence Minister Israel Katz said Israel would not withdraw from south Lebanon, even under…

The Economic Times

Rubio says US will not accept Iranian tolls on Hormuz

US Secretary of State Marco Rubio firmly stated that Washington will not permit any tolls on the Strait of Hormuz, an international waterway. This comes as Iran and Oman announced they would study administration and costs for the route, asserting sovereignty. Meanwhile, the UN is set to evacuate over 11,000…

France 24

Iran, Oman mull charging Strait of Hormuz 'maritime service fees'

Iran and Oman said Tuesday they would examine charges for what they called maritime service fees in the Strait of Hormuz through a joint working group, pressing ahead with discussions over the strategic waterway despite US opposition to any sort of toll system.

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Euronews

Iran sharply contradicts the US, pushing its own view of framework deal

Shortly after the first high-level US-Iran negotiations ended, discrepancies emerged over what the two sides actually agreed, as Tehran moved to directly contradict US Vice President JD Vance’s statements, prompting US President Donald Trump to reject Iran's claims.

The Economic Times

Oman eases residency rules for foreign investors, expands family sponsorship eligibility

Oman is boosting its appeal to foreign investors and property buyers with significant reforms to its residency laws. New "Owner Visas" simplify the process for property owners to gain residency without sponsors. Additionally, a wider range of individuals can now sponsor family members, making it easier for expatriates to bring…

The Economic Times

Oil keeps flowing through Hormuz despite Iran saying it’s shut

Despite Iran's claims of closing the Strait of Hormuz, millions of barrels of oil continued to flow through the vital waterway over the weekend. Ship-tracking data reveals several supertankers successfully navigated the channel, particularly along Oman's coast, a route the US military asserts it can defend. This development comes as…

The Times of India

New regime over Hormuz? How Iran seeks to tighten control after US peace deal

Iran's new Strait Authority is mandating insurance for ships in the Strait of Hormuz, raising fears of future passage fees. While currently free, this move follows a 60-day interim agreement to restore traffic. Observers suggest Iran is establishing a new regulatory framework, potentially challenging international maritime law. Discussions with Oman…

The Guardian - UK

Hormuz disruption will continue until 80 mines blocking route are cleared

Tanker owner trade body says centre of strait will stay shut for ‘some time’, and vessels forced to hug Omani coast risk running aground

International Business Times UK

After Deadly Oman Strike, Modi Presses Trump on Indian Sailor Safety—and Gets Major Defence Assurances

Indian PM Modi and U.S. President Trump discussed Indian seafarers' safety and India-U.S. relations at the G7 Summit, following the deaths of three Indian sailors in a US strike.

The Economic Times

'Convey our strong protest and anger': Arvind Kejriwal urges PM Modi to address Indian seafarers' deaths to Trump

Arvind Kejriwal has called on Prime Minister Narendra Modi to protest the deaths of three Indian seafarers to US President Donald Trump. The seafarers died in an attack in the Gulf of Oman. Kejriwal urged Modi to show courage and voice the nation's anger. Prime Minister Modi had previously raised…

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