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Economic blow to European economies as Hormuz disruption threatens energy supplies
March 19th, 2026 - 10:42 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Economic blow to European economies as Hormuz disruption threatens energy supplies

ALBAWABA- A new study has warned that a near-total disruption of shipping through the Strait of Hormuz could deal a severe economic blow to European economies, as escalating Iran–Israel tensions threaten global energy flows. The research, conducted by the Supply Chain Information Institute alongside the Centre for Complexity Science and Delft University of Technology, finds that the impact would be concentrated in a small number of EU countries and would ...
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Of total $10 billion, $1.2 billion, $500 million and $2.7 billion will be saved in textile-apparel
October 6th, 2019 - 08:00 GMT

Iran’s Imports Volume to Decrease $10 Billion by 2021

World Bank were asking Lebanon not rush with such a decision
October 6th, 2019 - 07:30 GMT

Disagreements Among Lebanon’s Political Leaders Over Privatization of Public Sector

From 2019 to 2023, visitation numbers from India to Saudi Arabia are also predicted to grow at a CAGR of 5.4%
October 6th, 2019 - 07:00 GMT

Number of Indian Tourists in UAE to Hit 3.3 Million in 2023

Dubai's non-oil foreign trade rose to Dh676 billion in the first half of 2019
October 6th, 2019 - 06:30 GMT

Dubai's Non-Oil Foreign Trade Rises 5 Percent

The price for 92-octane gasoline was lowered to 7.75 Egyptian pounds a liter from 8 pounds
October 6th, 2019 - 06:00 GMT

Egypt Reduces Fuel Prices for First Time in Decade

The prices of 1,093 medicines, in addition to other medical necessities, have been reduced.
October 5th, 2019 - 12:00 GMT

Jordan Announces Price Reduction for 117 Medicine

Commercial banks must ensure the central bank credit lines are used exclusively to purchase imports for domestic consumption.
October 5th, 2019 - 08:00 GMT

Lebanon: Rise in Imports behind Increase in Dollar Demand

Saudi Arabia has managed to maintain supplies to customers at levels before the attacks
October 5th, 2019 - 06:00 GMT

Saudi Arabia Restores Oil Output After Attacks

The exploit works well until WhatsApp version 2.19.230.
October 3rd, 2019 - 01:00 GMT

WhatsApp Warns Users About Malicious GIF

The friction across the Atlantic could severely damage U.S.-EU economic relations
October 3rd, 2019 - 12:30 GMT

Oil Prices Fall as US Prepares for Tariffs on

Thomas Cook France, which employs 780 people, had already declared insolvency last week in the wake of its parent company's bankruptcy.
October 3rd, 2019 - 12:00 GMT

UK Investigates Thomas Cook Auditors as Foreign Branches Collapse

Qatar’s economy likely to have softened in the second quarter
October 3rd, 2019 - 11:00 GMT

Here's What Will Drive Qatar’s Economic Growth in H2 2019

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