Oman gains significant fiscal windfalls from soaring energy prices, but escalating Middle East warfare exposes critical maritime and diplomatic vulnerabilities.
Browsing: Sultan-Haitham
Sultan Haitham’s aggressive fiscal consolidation and institutional restructuring have rescued Oman from fiscal collapse, reshaping the absolute monarchy.
The visit signals Oman’s intent to enhance defense autonomy through Turkish military technology while expanding trade, energy links, and tourism. This aligns with Turkey’s Gulf outreach and Oman’s strategy to reduce external dependencies and foster economic diversification.