October 16, 2026
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Tag : Strait of Hormuz

News

Trump cancels Iran strikes pending rapid nuclear deal

omandailynews.com
WASHINGTON, D.C. / RankWire.AI / - President Donald Trump said the United States would cancel a planned attack on Iran if negotiators reached a rapid agreement. He said the proposed deal must reopen the Strait of Hormuz and address Iran’s...
Business

Brent crude jumps 9.6% to $83.30 amid Hormuz risks

omandailynews.com
Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained $7.29, or 9.6%, to settle at $83.30 a barrel. U.S. West Texas Intermediate crude rose...
Business

Gold falls below $4,000 after oil prices jump

omandailynews.com
Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened. Spot gold fell to $3,996.76 per ounce, its lowest level in two weeks. U.S. gold...
Business

Brent crude rises to $74.16 as oil prices climb

omandailynews.com
Oil prices settled higher Tuesday, with Brent crude futures rising 3.01% to $74.16 a barrel. U.S. West Texas Intermediate crude gained 2.76% to $70.44 a barrel. Brent added $2.17 for the session. WTI rose $1.89. Trading later extended gains after...
News

UAE President and Sisi discuss ties and region in Cairo

omandailynews.com
UAE President Sheikh Mohamed bin Zayed Al Nahyan met Egyptian President Abdel Fattah El-Sisi in Cairo during a fraternal visit focused on UAE-Egypt relations and regional developments. The talks covered cooperation across several sectors, with emphasis on development fields. Both...
News

UN envoy cites regional push to end Middle East conflict

omandailynews.com
UN envoy Jean Arnault said regional agreement is emerging around a quick end to the Middle East conflict. He also cited the need to restore trust and support a lasting settlement. Arnault serves as the Personal Envoy of the UN Secretary-General...
News

Trump and Xi end Beijing summit with cautious progress

omandailynews.com
President Donald Trump concluded talks with Chinese President Xi Jinping in Beijing after the White House said the leaders had a “good meeting” that covered economic cooperation, the Strait of Hormuz and Iran’s nuclear issue. The White House said the...
News

UAE and France hold talks on regional stability

omandailynews.com
ABU DHABI: Sheikh Abdullah bin Zayed Al Nahyan, the UAE deputy prime minister and minister of foreign affairs, held talks in Abu Dhabi on Thursday with French Minister for Europe and Foreign Affairs Jean-Noël Barrot, with the two sides reviewing bilateral ties...
News

UAE President and Italy defence chief discuss security

omandailynews.com
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Italian Defence Minister Guido Crosetto in Abu Dhabi on April 22, with the two sides focusing on defence and security cooperation as well as the impact of Middle East developments on regional...
News

UAE and UK foreign ministers review regional tensions

omandailynews.com
ABU DHABI: Sheikh Abdullah bin Zayed Al Nahyan, the United Arab Emirates’ deputy prime minister and minister of foreign affairs, met UK Foreign Secretary Yvette Cooper in Abu Dhabi on April 18 for talks on the latest regional developments, with both...