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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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Jeddah’s hospitality market is likely to witness the delivery of more than 4,000 hotel keys in the coming two or three years.
April 16th, 2019 - 06:46 GMT

Report: Jeddah Property Outlook ‘Positive’ Despite 8 Percent Fall in Prices

Then-House Minority Leader Nancy Pelosi (L) and US President Donald Trump argue while making statements to the press before a meeting at the White House in Washington, DC, on December 11, 2018. (AFP)
April 15th, 2019 - 09:00 GMT

Trump Criticized for Imposing Tariffs on the EU

The slowdown in global GDP growth is most likely to be modest and a real crisis remains unlikely.
April 15th, 2019 - 11:14 GMT

The Four Factors Behind the Slowdown in 2018 and Forecast Downgrades

The crypto market cap increased to $176.5 billion from $169 billion last Friday.
April 15th, 2019 - 11:07 GMT

Cryptocurrencies Recover, IMF and World Bank Launch Quasi-Cryptocurrency

Consumption of energy in Kuwait is hitting 700,000 per day.
April 15th, 2019 - 10:58 GMT

Kuwait Hits Highest Rate of Energy Consumption

In recent months fuel and oil shortages have rocked regime-held areas of Syria.
April 15th, 2019 - 10:45 GMT

Syria Adopts New Measures to Confront Fuel Shortage

The two sides reviewed bilateral relations.
April 15th, 2019 - 10:17 GMT

Saudi Arabia and Indonesia Discuss Prospects of Cooperation

Unemployment rate stood at 12 percent in the past Iranian calendar year.
April 15th, 2019 - 08:46 GMT

Unemployment Rate up to 12 Percent in Iran

With the daily supply amount of one million barrels, the market wrapped up by selling eight 35,000-barrel cargos of oil on the day
April 15th, 2019 - 08:34 GMT

Iran to Sell One Million Barrels of Condensate This Week

The runway is nearing the end of its design life and requires a complete upgrade to accommodate future traffic growth.
April 15th, 2019 - 08:06 GMT

Dubai Airports to Start 45-Day Revamp

Jordan is a country with which we have strong historical and cultural ties.
April 15th, 2019 - 07:51 GMT

Jordan, Cyprus and Greece to Expand Cooperation in Various Fields

About 30 movie theatres are to be opened in 15 cities around the Kingdom within five years.
April 15th, 2019 - 06:58 GMT

Over $70 Billion Required to Build Saudi Entertainment Sector Infrastructure

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