Commodities

Oman Energy Minister says Strait of Hormuz will be open and it's probably a short-term situation, adds pleased Oman is still able to continue producing oil and gas

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Oman's Energy Minister declared the Strait of Hormuz will remain open, calling disruptions short-term while noting unsustainable oil and LNG price surges should stabilise in the medium-term.

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Says: Skyrocketing oil and LNG prices are not sustainable for everybody and situation should stabilise in the medium-term.the

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