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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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Despite the OPEC-led cut, oil has tumbled from April’s 2019 peak above $75
September 12th, 2019 - 09:30 GMT

OPEC Cuts 2020 Oil Demand Forecast Due to Economic Slowdown

A group of 14 economists' estimates for the month ranged between a surplus of $160 million and $1.5 billion.
September 12th, 2019 - 09:00 GMT

Economists Expect $1.1 Billion Current Account Surplus in Turkey

The amended regulations governing the issuance of medical treatment visas were published in the Official Gazette
September 12th, 2019 - 08:30 GMT

Relaxation of Visa Restrictions Revives Medical Tourism in Jordan

These tariffs will now take effect on September 16, 2020
September 12th, 2019 - 07:30 GMT

Trump Delays Planned Tariff Hike on $250 Billion Worth of Chinese Goods

The off-plan market still accounted for the majority of transactions in Dubai, accounting for 5,032 deals in the summer months of 2019.
September 12th, 2019 - 07:00 GMT

Dubai Witnesses Highest Residential Sales Transactions in 4 Years

Moody's downgraded Lebanon's rating to Caa1 in January.
September 12th, 2019 - 06:30 GMT

Lebanon Draft 2020 Budget Deficit Lower Than 2019’s

Egypt’s government wants to start running the nation from the new capital in the desert from mid-2020
September 12th, 2019 - 06:00 GMT

Egypt to Commence Working on $2.4-Billion Telecom Network

North America remains the largest market for O&G PPE and generated $1,831 million in revenues.
September 11th, 2019 - 11:23 GMT

Oil & Gas PPE Market to Reach $7.5 Billion by 2023

YouTube Music subscriptions start at Dhs19.99 and YouTube Premium at Dhs23.99. Both services will roll out to all users in the coming weeks, starting September 10.
September 11th, 2019 - 11:12 GMT

YouTube Music, YouTube Premium Available Now in the Middle East

Qatar construction and infrastructure market is set to pick up in 2019 and accelerate in 2020-2021.
September 11th, 2019 - 10:52 GMT

Qatar’s Construction Market Valued at $75 Billion Despite Blockade

Through Family Sharing, up to six family members can share one Apple TV+ subscription. 
September 11th, 2019 - 10:07 GMT

Apple TV+ to Launch on November 1 in 100 Countries

Analysts say the European Central Bank fears to make any policy change even though their policies haven’t worked, as a global recession is expected soon.
September 11th, 2019 - 10:07 GMT

Negligible Eurozone Growth Poses as Biggest Threat to Global Economy

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