Strait of Hormuz Talks: US President Donald Trump says a deal to reopen the Strait of Hormuz could come as early as Wednesday or within 48 hours, as reports say Iran and Oman are nearing a 60-day interim arrangement that would route inbound traffic via an Iranian-controlled lane and outbound via an Oman-controlled lane, with service fees and mine-clearing discussed—though Iran also warns the strait won’t reopen if US “violations” continue. Energy & Markets: Oil slid on the optimism, with Brent easing back toward/under $80, while equities rallied to records on hopes of de-escalation; gold also firmed as rate-hike expectations cooled. Oman Business & Trade: Oman Air launched five new cargo routes in one week (including Singapore, Tashkent, Sochi, Abu Dhabi and Salalah) to boost Asian connectivity and perishable shipments. SME Growth (Al Buraimi): SMEs registered in Al Buraimi reached 2,708 by end-2025, led by micro-enterprises, with activity concentrated in trade, repairs, construction, manufacturing and services. Agri-Aquaculture (Shinas): A shrimp farming project in Shinas is 80% complete, with OMR5mn invested in the first phase expected to support local jobs and larvae production. Oman–Ethiopia Ties: Oman’s ambassador says relations are accelerating, with trade expanding in areas like coffee, sesame and livestock imports and construction materials exports. Tourism Heritage (Al Hamra): “Al Misfah House of Honey” is drawing visitors by showcasing traditional mountain beekeeping and Omani honey.