Strait of Hormuz Security: UKMTO says an “unknown projectile” struck a tanker off Oman near Lima, damaging the engine room and leaving the vessel not under command; a second incident near Khasab reported a splash and explosion close to another tanker, with no damage or injuries—both under heightened US-Iran tensions. Oman Energy Data: Oman’s natural gas production rose 6.7% to 29.54 billion cubic metres by end-June 2026, with higher associated and non-associated output, while gas use climbed in industrial projects and power generation. Industrial Investment: Ibri Industrial City attracted about OMR25mn in investments by end-June 2026, with 17 signed contracts covering over 250,000 sqm across oil & gas, food and light manufacturing, supported by Oman Vision 2040 initiatives. PDO Contract Pipeline: L&T Energy Hydrocarbon Onshore signed a six-year EPC framework with Petroleum Development Oman, positioning the firm as one of four eligible contractors for PDO FEED and EPC work. Markets & Capital Market Rules: Muscat Clearing and Depository Company (MCDC) launched a mechanism for regulating consolidated accounts to help investors manage holdings across multiple beneficial owners, aligning with global deposit practices. Regional Business Risk: Shipping disruptions and security alerts around Hormuz continue to weigh on trade flows, while the wider Middle East conflict keeps energy and logistics uncertainty elevated.