Cairo: Sultan Haitham Bin Tariq of Oman has ordered a cap on motor fuel prices at October rates until the end of 2022, state media reported on Tuesday.
The government would bear the cost difference that may result from any potential increase in oil prices, state TV said.
The ruler of the Gulf oil producer also ordered the cancellation of fees related to doing business in some sectors and the reduction of others.
Sign up for the Daily Briefing
Get the latest news and updates straight to your inbox
Network Links
GN StoreDownload our app
© Al Nisr Publishing LLC 2026. All rights reserved.