Thursday, June 18, 2026

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January 4, 2026 5:32 PM

Oman launches $29.77 billion budget, targets 4 percent growth

Oman has approved a $29.77 billion general state budget for 2026, projecting public expenditure of about $31.15 billion and setting a target of around 4 percent economic growth, as the sultanate continues to diversify from its reliance on oil. The bu...

January 4, 2026 5:26 PM

OPEC+ to keep oil output steady despite turmoil

OPEC+ has agreed in principle to maintain steady oil output despite rising political tensions among key members and widening geopolitical uncertainty. The eight participating countries, Saudi Arabia, Russia, the United Arab Emirates, Kazakhstan, Kuw...

January 4, 2026 12:51 PM

Maduro is out but his top allies still hold power in Venezuela

The U.S. capture of Venezuelan leader Nicolas Maduro - praised by President Donald Trump as stunning and powerful - leaves behind uncertainty about who is running the oil-rich country. Trump said on Saturday that Vice President Delcy Rodriguez, part...

Last updated on: 18th June 2026

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