October 18, 2026
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Tag : shipping disruptions

Business

Oil prices fall as Brent and WTI reach three-week lows again

omandailynews.com
Oil prices extended their decline on Wednesday, deepening a selloff that pushed both major benchmarks to three-week lows. Brent crude futures fell 92 cents, or 1.2%, to $78.44 a barrel by 3:30 a.m. GMT. U.S. West Texas Intermediate futures dropped...
Business

Dubai Green Corridor keeps cargo moving during disruptions

omandailynews.com
Dubai Customs said its Green Corridor initiative with Oman Customs helped maintain trade flows after regional disruptions affected key sea lanes and traditional shipping routes, with customs declarations processed through the corridor rising sharply between March and April 2026. The...