Jet fuel output in Oman rises 10.9% Business

Jet fuel output in Oman rises 10.9%

MUSCAT: Oman’s refining sector delivered mixed results during the first four months of 2026, with stronger jet fuel output and petrochemical production offset by declines in gasoline, diesel and liquefied petroleum gas (LPG), according to preliminary data from the National Centre for Statistics and Information (NCSI). Production of regular petrol (91 octane) fell 7.9 per […]

Oil rises as traders digest US-Iran tensions Business

Oil rises as traders digest US-Iran tensions

SINGAPORE: (Reuters) – Oil prices jumped ​on Thursday on the escalation of hostilities between the U.S. and Iran, but later pared gains as traders ‌assessed the actual impact on supply disruptions. Tehran declared the Strait of Hormuz closed after the U.S. launched additional strikes against Iran and as President Donald Trump vowed even more attacks […]