Oman-Philippines Diplomacy: Oman and the Philippines will convene the 3rd Strategic Majlis in Manila on July 26, with Oman’s FM Sayyid Badr Al Busaidi and DFA Secretary Ma. Theresa Lazaro expected to push cooperation across trade, investment, tourism, logistics, fisheries and agriculture. Banking Resilience: Fitch says Omani banks should stay resilient through 2026 despite regional turmoil, citing contained exposure to the Strait of Hormuz, higher oil prices, Oman Vision 2040 diversification and strong capital buffers. Logistics Earnings: Gulf Warehousing Company (GWC) posted Q2 net profit of QR29mn on revenues of QR359mn, and said it is protecting GCC supply chains by activating multimodal trade corridors linking Qatar, Saudi Arabia, UAE, Oman and Bahrain. Agribusiness Expansion: Gulf Mushroom approved a 50% compost capacity expansion to 30,000 tonnes, targeting completion by end-2029, alongside higher interim profits. Aviation Connectivity: Oman’s Civil Aviation Authority approved Air Tanzania flights to Muscat, starting July 25 with three weekly services via Dar es Salaam and Zanzibar. Maritime Risk & Energy Prices: Brent pushed above $100 as Houthis attacked Saudi tankers in the Red Sea and US-Iran tensions kept the Strait of Hormuz under strain, raising shipping insurance costs and reviving fears of wider supply disruptions. Regional Energy Workarounds: Gulf states are accelerating pipeline and route plans to bypass Hormuz, even as alternative corridors face new Red Sea threats.