West Texas Intermediate & Oman
88 shared events · Importance 15 · Last updated Aug 24, 2026
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West Texas Intermediate (WTI) is a global crude oil benchmark. There is no direct organizational, legal, or commercial relationship between WTI and Oman; any impact is solely through global market dynamics.
International
West Texas Intermediate: WTI crude futures also dropped sharply, reflecting the same geopolitical dynamics as Brent. The price is sensitive to U.S.-Iran tensions and Hormuz disruptions.
Oman: Oman is involved in talks with Iran to restore commercial shipping in the Strait of Hormuz and has been threatened with bombing by Trump. Its role is crucial for regional stability and oil transit.
Aug 02, 2026 · 34 articles
International
West Texas Intermediate: West Texas Intermediate crude prices sank significantly due to the ceasefire and the expected reopening of the Strait of Hormuz.
Oman: Oman, sharing territorial waters of the Strait of Hormuz with Iran, will also be allowed to charge fees on ships transiting through the strait as part of the ceasefire plan.
Apr 07, 2026 · 79 articles
International
West Texas Intermediate: US oil benchmark; its price has also declined on hopes of a deal, impacting energy markets.
Oman: Mediator and co-manager of the strait; its cooperation is essential for the proposed shipping route and the deal's success.
Apr 08, 2026 · 321 articles
International
West Texas Intermediate: WTI crude dropped over 5% to around $84 per barrel, tracking Brent lower on the US-Iran pause. The decline eases inflationary pressures but remains vulnerable to supply disruptions.
Oman: Oman is mediating between Iran and the US on Strait of Hormuz management, winning Gulf backing for a plan involving voluntary fees. Talks with Iran have made progress, offering a potential path to reopening the waterway.
Jul 08, 2026 · 472 articles
International
West Texas Intermediate: US oil benchmark; also rose on supply worries.
Oman: Mediator in talks with Iran over shipping lanes; close to a deal but strait reopening remains conditional.
Jul 28, 2026 · 318 articles
International
West Texas Intermediate: WTI has risen to three-week highs above $85, reflecting supply fears. Higher oil prices are a key market impact.
Oman: Oman is negotiating with Iran over strait management and has been threatened by Trump. Its role is crucial but it faces pressure from both sides.
Jul 31, 2026 · 335 articles
International
West Texas Intermediate: WTI prices are elevated due to the Hormuz closure, impacting inflation and markets.
Oman: Oman is mediating a shipping arrangement with Iran, which is crucial for reopening the strait. Its role enhances its regional diplomatic standing.
Jun 16, 2026 · 349 articles
International
West Texas Intermediate: WTI crude rose to $85.70, tracking Brent higher on Hormuz uncertainty.
Oman: Oman negotiates with Iran on Hormuz governance, but Trump threatened bombing, adding to regional instability.
Aug 17, 2026 · 33 articles
International
West Texas Intermediate: West Texas Intermediate (WTI) crude prices have also fallen to pre-war levels, reflecting the improved outlook for oil supply following the partial reopening of the Strait of Hormuz.
Oman: Oman, located across the Strait of Hormuz from Iran, has played a role in coordinating new temporary shipping lanes through the strait with the UN's International — International Maritime Organization. It also participates in diplomatic efforts to discuss the strait's future management.
Apr 20, 2026 · 390 articles
International
West Texas Intermediate: West Texas Intermediate crude prices have risen significantly due to the disruption of oil shipments caused by the Strait of Hormuz standoff.
Oman: Oman has previously mediated talks between the United States and Iran and is being approached by Iran to support a toll collection mechanism for the Strait of Hormuz.
Apr 26, 2026 · 590 articles
International
West Texas Intermediate: WTI prices have also risen sharply, reflecting the impact of the conflict on US oil markets.
Oman: Oman is hosting talks and providing a safe shipping lane, playing a key role in de-escalation efforts.
Mar 09, 2018 · 488 articles
International
West Texas Intermediate: WTI rose to $83.78, mirroring Brent's gains due to the Hormuz closure.
Oman: Oman is reportedly in talks with Iran to reopen the strait, offering a potential diplomatic solution.
Aug 11, 2026 · 27 articles
International
West Texas Intermediate: US oil benchmark also elevated due to the conflict.
Oman: US ally and mediator threatened with bombing; its negotiations with Iran over the strait are central to the crisis.
Aug 15, 2026 · 122 articles
International
West Texas Intermediate: West Texas Intermediate crude prices fell on hopes of a U.S.-Iran ceasefire extension, which could alleviate supply concerns and reduce upward price pressure.
Oman: The United States>>> warned Oman>>> against imposing a toll in the Strait of Hormuz, threatening penalties for any involvement in such a system. Oman>>> has not mentioned joint control of the strait with Iran>>>.
May 18, 2026 · 309 articles
International
West Texas Intermediate: WTI prices also rose significantly, impacting US energy markets and consumers.
Oman: Oman is a mediator in the conflict and manages shipping traffic in the strait. It faces security risks but could benefit from increased diplomatic role.
Apr 08, 2026 · 416 articles
International
West Texas Intermediate: West Texas Intermediate>>> crude prices have climbed as a result of the escalating conflict and supply concerns, reflecting the broader impact on global oil markets.
Oman: Oman>>> has been a mediator in the conflict, but Donald Trump>>> has issued a stark warning, threatening to 'blow them up' if they do not comply with international navigation rules in the Strait of Hormuz.
Apr 20, 2026 · 607 articles
International
West Texas Intermediate: WTI prices also rose, around $81 per barrel, reflecting similar supply disruption fears.
Oman: Oman is involved in potential agreements to restore shipping through the strait.
Jul 15, 2026 · 127 articles
International
West Texas Intermediate: West Texas Intermediate>>> crude futures fell on de-escalation hopes but were still set for weekly gains due to earlier Middle East tensions.
Oman: Oman>>> is a significant oil exporter from the Mina al Fahal terminal, and its operations being unaffected is a positive for oil supply.
Jun 05, 2026 · 7 articles
International
West Texas Intermediate: WTI futures gained 0.59% to $76.22, also supported by the attack's impact on supply concerns.
Oman: Oman is in talks with Iran over a framework for the Strait of Hormuz, potentially affecting future shipping. The outcome could influence oil flows.
Aug 05, 2026 · 31 articles
International
West Texas Intermediate: WTI crude rose above $72 per barrel, tracking Brent higher amid supply disruption fears.
Oman: Oman is involved in mediation and proposed a maritime corridor near its coast. The country works with the UK and France to ensure safe navigation.
Mar 09, 2018 · 1197 articles
International
West Texas Intermediate: WTI crude rose over 4% to above $74 per barrel, driven by supply fears from the Strait of Hormuz closure.
Oman: Oman is a key mediator and was targeted by Iranian drones despite hosting talks. It summoned the Iranian ambassador in protest, straining its neutral role.
Apr 20, 2026 · 572 articles
Business
West Texas Intermediate: Key benchmark; support at USD 76, resistance at USD 87-93.5, range USD 73-88.
Oman: Mentioned as separate diplomatic channel for US-Iran talks.
Aug 03, 2026 · 6 articles
International
West Texas Intermediate: WTI prices are also affected by the Hormuz situation, moving in tandem with Brent.
Oman: Oman is mediating and co-managing the strait with Iran, playing a key role in the negotiations. A deal could enhance its regional standing and economic benefits.
Mar 09, 2018 · 316 articles
Business
West Texas Intermediate: WTI crude prices also declined, trading around $68.49/barrel.
Oman: Oman is a core member involved in the August output increase.
Mar 09, 2018 · 108 articles
International
West Texas Intermediate: WTI crude rose to $84.68, reflecting supply disruption fears.
Oman: Oman is a neighbor to the Strait of Hormuz and has been involved in talks with Iran over strait management. It has not been directly attacked.
Apr 20, 2026 · 480 articles
International
West Texas Intermediate: WTI crude prices rose 1.3% to $83.20 per barrel, mirroring Brent's increase due to geopolitical tensions.
Oman: Oman is involved in diplomatic efforts and hosts talks between Iran and the U.S., but its role is secondary to the military actions.
Aug 11, 2026 · 91 articles
International
West Texas Intermediate: US oil benchmark that also fell on hopes of de-escalation. Its price reflects market sentiment.
Oman: Mediator in talks with Iran over a temporary shipping route through the Strait of Hormuz. Its role is crucial for any potential reopening of the waterway.
Feb 08, 2026 · 380 articles
International
West Texas Intermediate: West Texas Intermediate (WTI) crude prices have risen, mirroring the global trend in oil prices due to the Iran war.
Oman: A US Army Apache helicopter crashed off the coast of Oman, highlighting the military presence and operational risks in the region near the Strait of Hormuz during the Iran war.
May 05, 2026 · 374 articles
International
West Texas Intermediate: West Texas Intermediate crude prices have also been affected by the US-Iran conflict, experiencing volatility and price increases due to supply concerns related to the Strait of Hormuz.
Oman: Oman>>> has historically mediated talks between the United States>>> and Iran>>>, but Donald Trump>>> warned it against interfering in Strait of Hormuz>>> negotiations.
May 07, 2026 · 362 articles
International
West Texas Intermediate: West Texas Intermediate crude futures also saw a substantial increase in price, mirroring the impact on Brent crude due to the escalating conflict and supply concerns.
Oman: Oman, alongside Iran, will determine new conditions and transit fees for the Strait of Hormuz, giving it a role in regulating global oil shipping.
Jun 07, 2026 · 398 articles
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