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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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The kingdom will achieve 11 million barrels per day (bpd) capacity by the end of September
September 18th, 2019 - 05:57 GMT

Saudi Arabia Committed to Fully Restore Oil Production by Month-End

The agency searched the devices of more than 30,000 international travelers in 2017 – 10,000 more than the year prior.
September 17th, 2019 - 01:00 GMT

ICE Inks $30 Million Contract with Israeli Phone Cracking Company

With the oil cartels market share of the world’s production now tumbling below one-third, there are signs Opec’s significance in global markets is waning.
September 17th, 2019 - 12:30 GMT

What Will Happen to Oil Markets After the Attacks on Saudi Facilities?

Despite the challenges ahead, the government has been able to raise the bar significantly.
September 17th, 2019 - 12:00 GMT

Imran Khan's Top Priority: Reviving Pakistan's Economy

The total remittances of Jordanian expatriates increased by 1.6 per cent by the end of April to $1.202 million
September 17th, 2019 - 11:30 GMT

Jordan’s Tourism Revenue Hits $3.9 Billion In First 8 Months of 2019

Over the last two years, more than 600 expat nurses have been replaced
September 17th, 2019 - 11:00 GMT

Over 250 Expats Replaced By Nationals in Oman’s Health Sector

a drone approaching vital installations in the country is a very serious development
September 17th, 2019 - 10:30 GMT

Kuwait Mulls Beefing up Security Measure After Drone Breach

World Bank urges Beijing to open markets and reduce subsidies and government involvement in technology industries
September 17th, 2019 - 10:00 GMT

World Bank Urges China to Roll Back Plans for Tech Industries

Ankara and neighboring Iran needed to keep working to raise their bilateral trade to a target of $30 billion
September 17th, 2019 - 09:00 GMT

Iran, Turkey to Expand Trade via National Currencies

Between 2006 and 2019, €555 million ($604.8 million) has been allocated for projects under the aid program.
September 17th, 2019 - 07:30 GMT

EU Adopts $38.5 Million Annual Program for Turkish Cypriot

Sudan imports more than 4,000 commodities from different countries, mainly China and Egypt.
September 17th, 2019 - 07:00 GMT

Sudan’s Producers, Manufacturers to Stop Exporting Raw Material After 3 Months

Prices are likely to break out of the current $55-65 a barrel options range, to test the high of $70s as currently supported by fundamentals
September 17th, 2019 - 06:30 GMT

Oil May Hit $75 Level If Saudi Outage Prolongs for More Than Six Weeks

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