Oman Bets Big on Duqm as Oil Storage Expansion Targets 10 Million Barrels Outside Strait of Hormuz

Oman Bets Big on Duqm as Oil Storage Expansion Targets 10 Million Barrels Outside Strait of Hormuz

Oman is moving to significantly expand oil-storage capacity at Duqm, strengthening the port’s role as an alternative energy hub amid growing concerns over disruptions around the Strait of Hormuz.

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