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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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Of the roughly $370 million required for the year, roughly $96 million had been donated to the organisation as of July 30
August 15th, 2019 - 05:30 GMT

UNHCR's Jordan Operations Are Only 27 Percent Funded for Its Annual Needs

Members of Iran’s local cryptocurrency and blockchain ecosystem are convinced that they can still bring international donors on board.
August 14th, 2019 - 12:00 GMT

Cryptocurrency Campaign Aims to Help Iran’s Flood Victims

UAE's market is one of the world's most dynamic markets worldwide
August 14th, 2019 - 11:30 GMT

GCC’s Economic Growth to Reach 3.2 Percent in 2020

The new projects are an endeavour to reach a sustainable water sector that will develop and preserve the water resources
August 14th, 2019 - 10:45 GMT

Saudi Arabia Launches Water Projects Worth Over $825 Million in Makkah

The debt of the Moroccan government has become 61.63 percent of bonds over ten years
August 14th, 2019 - 10:21 GMT

Morocco’s Internal Debt Reaches $59.3 Billion in July

Germany exported mainly machinery, chemical products, and cars and car parts to Iran.
August 14th, 2019 - 09:34 GMT

German Exports to Iran Fell by Half in the First Six Months of 2019

Operation and Maintenance (O&M) represented 60 per cent of the total contracts in Q2 2019
August 14th, 2019 - 08:51 GMT

Global Oil and Gas Industry’s Contract Hit $42 Billion in Q2 2019

The petroleum sector aims at encouraging global companies to pump new investments in the fields of research and exploration
August 14th, 2019 - 08:30 GMT

Egypt Targets Increasing the Daily Production of Crude Oil

Aston Martin
August 14th, 2019 - 08:18 GMT

Making History: The Aston Martin DB4 GT Zagato Continuation Programme Is Handcrafting Excellence

British Royal Marines seized the oil tanker on July 4 off the coast of the British Mediterranean territory of Gibraltar
August 14th, 2019 - 07:54 GMT

Britain Might Free Iranian-Operated Oil Tanker Grace 1 Soon

When it comes to risks, the top three concerns among Asian investors are a global trade war (47 per cent)
August 14th, 2019 - 06:52 GMT

Businessmen and Investors More Optimistic on UAE’s Economy

Global oil market performance indicators are still almost stable
August 14th, 2019 - 06:30 GMT

Kuwait to Cut Oil Production in Order to Support Crude Prices

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