MUSCAT – The official price of Oman crude for May delivery rose by $4.79 to reach $152.58 per barrel, marking one of the highest levels recorded in recent sessions, according to data published by Oman News Agency (ONA).
The latest increase continues a strong upward trend in oil markets, driven by geopolitical uncertainties in the region and concerns over potential disruptions to supply routes, including the Strait of Hormuz.
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