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Oman’s import prices jump 11.7% as fuel costs surge

World 1 source 1 country 🔦 Under-reported 13m ago

Oman experienced a significant year-on-year surge of 11.7% in its import prices during the second quarter, driven primarily by a dramatic 45.5% increase in mineral fuel costs.

On a quarter-on-quarter basis, the overall import price index also registered a 2% increase compared to the first quarter. This upward trend reflects broader energy-market disruptions and rising shipping expenses linked to ongoing regional conflicts.

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Read the full story at the source Arab News · SA ↗
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