OmanEconomy grew 5% in the second quarter.
Higher oil output and ports taking shipping diverted from the strait drove the growth.
Oman sits outside the Strait of Hormuz, so it keeps exporting energy while the US-Iran conflict disrupts Gulf trade.
Economists warn prolonged instability could weigh on foreign direct investment, which supports Oman’s diversification.
Polymarket traders give a US-Iran Hormuz agreement a 34% chance by 31 December, down 5 points in a week.
How each outlet framed it
- Salaam Gateway leans favorable
- credits Oman's 5% growth to its location outside Hormuz, quoting Fitch's Cedric Berry on regional resilience, while warning of FDI risk
Sources: Salaam Gateway