Oman's energy minister said that the Strait of Hormuz will remain unobstructed; the current situation is likely to be only a short-term situation. I am pleased that Oman is still able to continue to produce oil and gas. The sharp rise in oil and liquefied natural gas prices is unsustainable for all; the situation should stabilize in the medium term. Export points need to be diversified and alternative export options identified, whether through Oman or Yemen

Oman's energy minister said that the Strait of Hormuz will remain unobstructed; the current situation is likely to be only a short-term situation. I am pleased that Oman is still able to continue to produce oil and gas. The sharp rise in oil and liquefied natural gas prices is unsustainable for all; the situation should stabilize in the medium term. Export points need to be diversified and alternative export options identified, whether through Oman or Yemen