Port Sultan Qaboos
Coverage of Port Sultan Qaboos in the Nexus archive.
- Oil Extends Decline as Barrels Flow Through Strait of Hormuz
Oil prices continue to decline as increased oil tanker and cargo vessel activity is observed flowing through the Strait of Hormuz. The vessels are anchored off Port Sultan Qaboos in Muscat, Oman.
- Oil tankers pass the Strait of Hormuz despite Iran threats as traffic slowly picks up and oil prices fall
Oil tankers and cargo vessels continue to pass through the Strait of Hormuz despite threats from Iran, with traffic gradually increasing and oil prices declining. As of June 21, 2026, vessels remain anchored off Port Sultan Qaboos in Muscat, Oman.
- Easing of US Oil Sanctions Opens Brief Window for Iran Imports
A provisional peace deal between the United States and Iran aims to reopen the Strait of Hormuz after a blockade caused by their ongoing war, but progress is delayed due to continued fighting in Lebanon and the need to clear sea mines. U.S. Vice President JD Vance is in Switzerland for talks with an Iranian delegation to clarify war-ending terms.