Oman will introduce 100% tax on tobacco, alcohol and pork from 15 June. Energy drinks will also be subject to a 100% levy, and there will be a 50% tax on carbonated drinks, according to the Secretariat General for Taxation website. The new taxes could generate cOMR100mn (USD260mn) annually, Saleh Bin Saeed Masan, head of the economic and financial committee at the Shura Council, said in November. Oman delayed the introduction of the taxes by at least 18 months, even as the largest Arab crude producer outside OPEC contends with lower oil prices and dwindling reserves.