AGP Executive Report
Last update: 6 hours agoMaritime Security: Oman’s Royal Navy rescued 25 crew from a Panama-flagged vessel set ablaze off Musandam, while the Royal Air Force of Oman airlifted an injured sailor from a separate attack near the Strait of Hormuz. Iran reported tanker mine strikes in the strait; the US disputed the claims. China Visit: Sultan Haitham began a state visit to China, the first by an Omani ruler since diplomatic relations began in 1978, with investment and trade high on the agenda. Investment and Industry: Invest Oman reported OMR3.09 billion in localised projects, while a 720,000-tonne steel complex is planned for the country. Oman also introduced energy-efficiency officers at high-consumption institutions. Oil Policy: Oman is among seven OPEC+ members expected to keep December output targets unchanged as the group shifts focus to 2027 quotas.
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