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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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Gavin and Alice set up the company Full Grown and committed to the idea full-time.
September 26th, 2019 - 09:02 GMT

British Couple Redefines Sustainable Furniture

Output will reach 960 thousand barrels per day by the end of the week.
September 26th, 2019 - 09:00 GMT

Gas Output Recovers, Stands at 900 Million Standard Cubic Feet in Saudi Arabia

Many countries now tend to do trade exchanges with Iran in their local currencies in order to prevent US from supervising and monitoring their trade and business trade activities.
September 26th, 2019 - 08:40 GMT

Iran Sidelines USD Transactions with Russia, Turkey

The economic slowdown is being felt across sectors including real estate, agriculture, automobile, manufacturing, and financial services.
September 26th, 2019 - 08:02 GMT

India's Economy Faces Further Deterioration

 Yi Li, Yu Hua Mao, Luqian Shen, Bin Xu and Yazhou Xu were placed on the Specially Designated Nationals (SDN) list.
September 26th, 2019 - 07:45 GMT

US Imposes Sanctions on Chinese Nationals, Entities Related to Iran

Though tax revenues went down last year, the government has no intention of imposing more taxes or increasing exiting ones.
September 26th, 2019 - 07:29 GMT

No New Taxes to Be Levied in Jordan

The trade agreement between Jordan and Turkey was ongoing for eight years from 2011 to 2018, until Jordan decided to suspend the agreement because of “unfair competition”.
September 26th, 2019 - 07:01 GMT

Turkish Clothes' Prices to Soar 20 Percent in Jordan

Cape Town.
September 26th, 2019 - 06:38 GMT

Travel, Tourism Sector Contributes $194.2 Billion to Africa's Economy

The government body had predicted that the declining trend would continue in the next months.
September 25th, 2019 - 01:00 GMT

Iran’s Economy on the Rise, Inflation in Decline Despite US Sanctions

Shale gas has had a major impact on energy prices around the world.
September 25th, 2019 - 12:30 GMT

The Impact of the Shale Gas Industry on the US

Courtesy Rashi Chowdhary
September 25th, 2019 - 12:16 GMT

Meet Rashi Chowdhary, the Creator of Healthy Truffles

Weakening confidence could erode consumer spending, which has been a primary engine of the US economy, which would weaken GDP growth.
September 25th, 2019 - 12:00 GMT

Survey: US-China Trade War Disrupt US Consumer Confidence

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