Oman is in an ideal location at the center of the east-west nexus joining markets in Europe, Asia and North America. Just outside the Persian Gulf and the Strait of Hormuz, along busy shipping lanes carrying a significant share of the world's maritime commercial traffic, Oman has convenient access and connections to the Gulf, Africa, and the Indian subcontinent.
Low overall risk for Oman’s creditworthiness, but lower oil prices could potentially reduce government revenue generation. However, the government can leverage its foreign exchange reserves and wealth funds to settle debt obligations should they rise.
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