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Dubai/Kuwait: Supplies of residual fuel oil in the Arabian Gulf are set to tighten after the closure of Kuwait's Shuaiba refinery on April 1, forcing...

New Delhi: Indian state refiners will cut oil imports from Iran in 2017/18 by a fifth, as New Delhi takes a more assertive stance over an impasse on a giant...

Ankara: The arrest in the United States of a top Turkish banker charged with participating in a multi-year scheme to violate sanctions against Iran is a...

Dead Sea, (Jordan): Arab leaders arriving in Jordan for a summit on Wednesday are seeking common ground to reaffirm their commitment to a Palestinian state,...

Muscat: A huge number of visitors attended the opening day of COMEX 2017, according to organisers. “We can definitely say that more people have visited...

Muscat: Star striker Abdulaziz Al Maqbali scored six goals as Oman pumped in 14 unanswered goals against a hapless Bhutan side in their opening Group D...

Moscow: Iranian Foreign Minister Mohammad Javad Zarif told Reuters on Tuesday that Russia could use Iranian military bases to launch air strikes against...

Dubai/Frankfurt: Deutsche Bank is to stop clearing cheques denominated in euros for some banks in the Middle East, according to sources familiar with the...

Nestled in Oman’s rich Musandam peninsula is one of Oman’s most strategically placed islands, which played a significant role in international...

Muscat: Oman’s central bank has signed a memorandum of understanding (MoU) with its counterpart in Iran. The MoU aims at strengthening the extensive...