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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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Gold rose over 2 per cent to a six-year high of $1,537 on the Comex in New York on Friday.
August 26th, 2019 - 06:43 GMT

Gold May Hit All-Time High Amid Escalation of US-China Trade War

Digitalization and automation of inventory control is making its presence felt in the UAE
August 25th, 2019 - 11:01 GMT

AI-Driven Technologies to Transform Mideast Warehousing, Inventory

South Sudanese soldiers guard an oil refining facility.
August 25th, 2019 - 10:56 GMT

South Sudan Urges Egypt to Optimize Country's Oilfields

About 3.7 million expatriates were in violation of the residency regulation, 572,573 the labor laws and 242,527 the border security system.
August 25th, 2019 - 10:53 GMT

Over 3.7 Million Expats Arrested, Over 900,00 Deported in Saudi Arabia

Inflation for staples, medicine and basic goods declined in August, according to the SCI’s Saturday statement, with 56.6 and 35.2 percent for food and non-food items, respectively.
August 25th, 2019 - 10:52 GMT

Inflation Rate Plummets in Iran Year after US Sanctions

On the back of increased gas production, Oman’s total LNG exports also recorded a massive jump of about 19 per cent to 10.2mn metric tonnes during 2018 compared to 8.6mn metric tonnes in the previous year.
August 25th, 2019 - 10:51 GMT

Natural Gas: A Significant Contributor to Oman’s Economy

The worst performing of the big-four economies within the Euro area is Italy.
August 25th, 2019 - 10:50 GMT

The Side Effects of the Divergent Economic Performance Across Euro Area

Huawei underlined it was no longer able to work with US chip designers such as Cadence Design Systems Inc and Synopsys.
August 25th, 2019 - 10:50 GMT

US Trade Curbs Might Slash Huawei's Smartphone Revenue by $10 Billion

In 2018, the two countries signed a comprehensive mutual visa exemption agreement.
August 25th, 2019 - 09:23 GMT

Qatar-China Trade Volume up 200 Percent in 30 Years

Fitch predicted a deficit of 9.2% of GDP in 2019 and a nominal GDP growth of 3.3%, compared with the government assumption of 5.7%.
August 25th, 2019 - 07:51 GMT

Fitch Downgrades Lebanon for the First Time in 3 Years

Pakistan Prime Minister Imran Khan speaks during an interview at his residence in Islamabad. Imran has directed Adviser on Finance Dr Abdul Hafeez Shaikh to come up with an economic revival plan completely aligned with the IMF programme so the sluggish economic activities could be kick-started at full pace, sources said.
August 25th, 2019 - 07:36 GMT

Pakistan to Start Working on Roadmap to Revive Economy

Stadia is promising 4K high resolution at 60 frames per second for minimal time lag.
August 25th, 2019 - 07:35 GMT

How Google's Stadia Is Starting a Gaming Revolution

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