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Oman Warns of Hormuz Impact on Global Trade

Oman Warns of Hormuz Impact on Global Trade

Post by : Shweta

Oman Highlights Global Trade Concerns

Oman has reaffirmed its perspective on the current situation in the Strait of Hormuz and its implications for international trade and vulnerable economies. The statement was delivered during the World Trade Organization Public Forum 2026 in Geneva on September 16, 2026.

Oman Links Trade, Energy and Food Security

Oman's statement was delivered by Idris Abdulrahman Al Khanjari, Permanent Representative of Oman to the United Nations and International Organizations in Geneva. Speaking during a special session titled “The Strait of Hormuz in Crisis: Protecting the Most Vulnerable Economies,” he said developments in the waterway demonstrated the close connection between trade, energy supplies, food security and wider economic stability.

Read more :  Oman Reaffirms Cooperation With IAEA for Peaceful Uses

Hormuz Called Vital Maritime Trade Route

Al Khanjari said the Strait of Hormuz is not only a strategic maritime passage but also an important route for global trade and energy. He noted that instability in the Strait could have direct consequences for international commerce and sustainable development, particularly in developing and vulnerable economies that have less capacity to absorb higher transportation, energy and insurance costs.

Oman Calls for Safe Navigation

Oman stressed the importance of safe, regular and unhindered navigation and the free flow of trade through the Strait of Hormuz in accordance with international law, including international maritime law. The country said stable navigation is important for maintaining international commerce and reducing pressure on economies affected by supply-chain disruptions.

Oman Says Dialogue Can Support Solutions

Oman said it approaches regional challenges through dialogue, constructive neutrality, respect for state sovereignty and quiet diplomacy. Al Khanjari said maintaining communication channels can help build trust, reduce misunderstandings and create conditions for peaceful solutions.

Oman Consults Iran and GCC States

According to the statement, Oman continues consultations with Iran and the Gulf Cooperation Council states with the aim of reaching practical understandings that could facilitate safe and regular navigation through the Strait. Oman said these efforts take into account security, legal and navigational complexities and the need for arrangements that are practical, sustainable and acceptable to the parties concerned.

Hormuz Disruptions Could Affect Vulnerable Economies

Oman also highlighted the economic and human consequences of disruption in the Strait. It said disruptions could increase shipping, insurance, energy and food costs, while putting additional pressure on developing countries that depend heavily on imports. Oman also referred to its recent assistance to the crew of a commercial vessel off Musandam, highlighting the safety of seafarers as part of maritime security. The session was organized by the United Nations Conference on Trade and Development amid international concern over the trade and economic consequences associated with disruptions in the Strait of Hormuz.

Sept. 17, 2026 12:02 p.m. 466
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