Oman and Angola signed multiple agreements and memorandums of understanding today covering strategic cooperation in energy, renewables, logistics and water infrastructure, alongside pacts on investment, avoidance of double taxation, air transport and visa exemptions.

At least two LNG cargoes transited the Strait of Hormuz this week, ship-tracking data showed, as Persian Gulf producers seek to relieve a tight supply market. One tanker that loaded at Qatar’s Ras Laffan at the end of August appeared in the Gulf of Oman earlier this week, indicating it had passed the strait; the vessel switched off AIS during transit, a common occurrence in the area that complicates tracking. Persian Gulf exports had been almost halted since early July after a Qatari tanker was attacked by Iran. The supply shortfall has pushed spot LNG prices to their highest in more than three years and leaves further upside risk into the northern hemisphere winter.

Goldman Sachs maintains its end‑2027 gold price forecast at $5,400/oz despite the Fed’s rate hike yesterday.