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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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A Palestinian worker checks a truck carrying United Nations Relief and Work Agency (UNRWA) aid supplies that arrived through the Kerem Shalom crossing in the southern Gaza Strip city of Rafah on May 12, 2019. Israel reopened its crossings with the blockaded Gaza Strip after closing them during a deadly escalation earlier this month, an official said, as a fragile truce held.
May 14th, 2019 - 12:10 GMT

UNRWA: Over 1 Million Palestinians in Gaza Rely on Food Aid

In the US administration, hawks are pushing for war.
May 14th, 2019 - 12:06 GMT

This Is the Only Solution to Get Past US-Iran Brinkmanship in the Gulf

President Donald Trump shakes hands with North Korea's leader Kim Jong Un following a meeting in Hanoi. 
May 14th, 2019 - 11:17 GMT

North Korea Deplores Ship Seizure by US, Claiming It Violates Spirit of Trump-Kim Summit

Security personnel stand guard outside a mosque during Friday noon prayer in Colombo on May 3, 2019, following a series of bomb blasts targeting churches and luxury hotels on Easter Sunday in Sri Lanka.
May 14th, 2019 - 10:54 GMT

Sri Lanka Blocks Social Media Platforms Amid Rise in Acts of Violence Targeting Muslims

The Chinese technology giant now holds a 19 per cent share in the global smartphone market, the largest in Huawei’s history.
May 14th, 2019 - 10:21 GMT

Over 59 Million Huawei Smartphones Shipped Globally in Q1 2019

The increase in duty rates that Beijing announced Monday targets a range of American agricultural and manufactured goods.
May 14th, 2019 - 08:10 GMT

Beijing Fires Back Escalating the US-China Trade War

A Palestinian family share an Iftar meal as they break their fast during the Muslim holy fasting month of Ramadan on May 13, 2019 in the southern Gaza Strip refugee camp of Khan Yunis.
May 14th, 2019 - 07:25 GMT

Palestinians Deprived From Ramadan's Joy Due to Harsh Economic Conditions in Gaza

Jet Airways
May 14th, 2019 - 06:54 GMT

Amid Its Liquidity Crisis, Jet Airways CFO Resigns for Personal Reasons

As a response to softening market conditions, mall owners are investing in new technologies to increase retail sales
May 14th, 2019 - 06:31 GMT

A Recap of Dubai's Property Market in Q1 2019

Globally, stock markets fell on Monday after trade talks between the US and China wrapped up without an agreement.
May 14th, 2019 - 05:53 GMT

US-China Trade War, US-Iran War Fear Affect Global Stocks Markets

Gulf embassies were alerted to ensure the welfare of their nationals and communicate with Lebanese officials in various ministries.
May 13th, 2019 - 10:26 GMT

Despite the Austerity Plans, Lebanon Expects Tourism Sector to Recover

Uber Technologies Inc’s conservative initial public offering could not keep its shares from sinking in their trading debut on Friday, fueling debate on Wall Street
May 13th, 2019 - 09:37 GMT

What's Saudi Arabia's Plan After Uber's Underwhelming IPO?

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