IEA cuts oil demand forecast as Hormuz remains shut Business

IEA cuts oil demand forecast as Hormuz remains shut

  • August 12, 2026
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Paris: The International Energy Agency on Wednesday sharply reduced its forecast for global oil demand this year, as supplies remain crimped by the closure of the Strait of Hormuz and high prices deter buyers. Demand is expected to slump by 1.6 million barrels per day (mb/d), compared with its forecast slump of one million barrels […]

Oman remains free of polio National

Oman remains free of polio

SHARM EL SHEIKH: The Sultanate of Oman, represented by the Ministry of Health, participated in the 40th regional meeting of the Regional Commission for the Certification of Poliomyelitis Eradication of the World Health Organization (WHO). The meeting is held in Sharm el Sheikh, the Arab Republic of Egypt, during the period from June 9 to […]