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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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During the conversation, they discussed relations between the two countries and aspects of bilateral cooperation
September 7th, 2019 - 04:00 GMT

Saudi Arabia, Iraq Confirm Joint Coordination to Stabilize Oil Markets

Despite Bahrain losing ground in terms of working abroad and family life, expats are still generally happy with both aspects of life abroad.
September 7th, 2019 - 02:00 GMT

Bahrain Remains Best Place for Expatriates Living in the Middle East

Most affected sectors will be automotive by a trade loss worth up to $1.2 billion
September 7th, 2019 - 01:00 GMT

Turkey May Lose Trade Up to $3 Billion Under No-Deal Brexit

Molla also said that the ministry is working to encourage Egyptian companies engaged in research and exploration activities
September 7th, 2019 - 11:00 GMT

Egypt Signs Two Agreements Explore Oil, Gas in Western Desert

Sharp falls in the cost of electricity from wind and solar over recent years have transformed the choice facing policy-makers.
September 7th, 2019 - 10:00 GMT

Global Renewable Energy Sector Investments to Reach $2.6 Trillion End 2020

The Trump administration has been pressuring China for more than two years to make a trade deal that would strengthen its protections for American intellectual property
September 7th, 2019 - 08:00 GMT

Trump: China Will Suffer as Data Shows Trade War Hurting US Factories

Apple Inc store front in Omotesando, Tokyo.
September 5th, 2019 - 10:40 GMT

Apple to Open Its Largest Store in Japan on September 7

keeping the Lebanese pound at 1,500" is the only stable way to proceed with the government's reforms
September 5th, 2019 - 10:14 GMT

Lebanon to Cut Budget Deficit to 7 Percent of GDP Next Year

More than 200 trucks, 100 from each country, including individually  and corporately-owned trucks, are participating in the transport process, the Energy Ministry said in a statement.
September 5th, 2019 - 09:34 GMT

Jordan Receives the First of Daily Iraqi Oil Shipments

The downgrades and tensions over the border with Israel and inside Lebanon led for the first time in years to the U.S. dollar reaching 1,560 Lebanese pounds on the black market in recent weeks for the first time in more than two decades.
September 5th, 2019 - 08:48 GMT

S&P Warns on Drawdown of Foreign Currency Reserves in Lebanon

State-owned China National Petroleum Corporation (CNPC), one of the country’s “big three” producers, holds an 80% stake in Phase 11 after French major Total’s withdrawal in August 2018 in response to US sanctions.
September 5th, 2019 - 07:27 GMT

Iran, China Update $400 Billion of Chinese Investment Deal

Egypt's exports of medicines and medical supplies for 2018 reached about $789 million, of which $65 million were to African countries
September 5th, 2019 - 06:30 GMT

Egypt to Strengthen Presence in Africa Through Medicine Exports

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