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Oman

Industry News
Source: China Daily Global Edition

Iran Reaffirms Diplomatic Stance Over Strait of Hormuz Following US Ceasefire Rejection

Iran stated it remains committed to diplomacy while prepared to confront aggression after US President Donald Trump rejected its ceasefire road map for the Strait of Hormuz. Tehran proposed a seven-day truce involving the reopening of the waterway on the sixth day in exchange for specific US steps, including unfreezing Iranian assets. Iranian military commanders maintained that naval forces retain decisive control over waters leading into the strategic strait.

Industry News
Source: Arabian Gulf Business Insight | AGBI

Gulf Crude Shuttled Through Hormuz for Offshore Transfers to Long-Haul Tankers

Gulf producers are utilizing short-haul shuttle tankers to transport crude through the Strait of Hormuz for offshore ship-to-ship transfers off Oman and the UAE. According to Arabian Gulf Business Insight, Saudi Arabia adopted the workaround following the disruption of its East-West pipeline, pushing loadings back toward 4 million barrels per day. The crude is transferred off Sohar and Fujairah to long-haul vessels serving Asian destinations including China.

Industry News
Source: Muscat Daily

XPeng Appoints Mohsin Automobiles as Official Distributor in Oman

Chinese smart electric vehicle manufacturer XPeng has appointed Mohsin Automobiles LLC as its official distributor in Oman. The agreement marks XPeng's official entry into Oman and represents its fourth market in the Gulf Cooperation Council. Mohsin Automobiles will establish a sales, showroom, and after-sales service network across the Sultanate.

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