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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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In 2017, trade between the UAE and UK totalled £17.5 billion.
April 15th, 2019 - 06:31 GMT

UAE One of the Biggest Beneficiaries From No-Deal Brexit

The United States says China has failed to disclose subsidies as required by the WTO.
April 14th, 2019 - 09:00 GMT

US Tempers Demands for China to Cut Subsidies as a Condition for Trade Deal

The production capacity of the new system is 33,000 plates per day.
April 14th, 2019 - 11:25 GMT

Dubai Inaugurated a First of Its Kind Factory

Boeing this week slowed its production of 737 planes to 42 a month, from 52, with most of those being the Max model.
April 14th, 2019 - 10:25 GMT

Costs for Boeing Start Rising Due to 737 Max Crisis

Qatari-Bulgarian Business forum will pave the way for successful partnerships that will benefit both countries.
April 14th, 2019 - 10:10 GMT

Trade Volume Exceeds $23 Million Between Qatar, Bulgaria

The visa reforms in the country are expected to encourage residents, especially highly-skilled professionals to buy homes and spend more on other properties.
April 14th, 2019 - 09:35 GMT

Will UAE's Visa Reforms Succeed in Attracting More Investments?

In March India's oil imports from Iran rose to about 405,000 bpd.
April 14th, 2019 - 09:03 GMT

India's Shipment of Iranian Crude Oil Increase Despite US Sanctions

Exports declined to USD2.33 billion in January from USD2.43 billion a year ago.
April 14th, 2019 - 08:33 GMT

Egypt Witnesses Drop in Exports Due to Relapse in Oil Exports

Libya’s oil sector is facing the biggest threat since Gaddafi’s overthrow.
April 14th, 2019 - 08:28 GMT

Oil Exports Face Biggest Threats in Libya Due to Tripoli Battles

Domestic gasoline prices are subject to change, rising and falling due to changes in export prices from the Kingdom to global markets.
April 14th, 2019 - 07:45 GMT

Saudi Arabia Revises Gasoline Prices Due to Changes in Export Prices

Aoun’s comments came during talks at Baabda Palace with a U.S. congressional delegation.
April 14th, 2019 - 07:35 GMT

Lebanon Invites US Firms to Bid in New Round of Oil,Gas Exploration

The original Bilateral Currency Swap Agreement was signed in October 2013 at a value of $5.4 billion.
April 14th, 2019 - 07:19 GMT

UAE, South Korea Renew $5.4 Billion Currency Swap Agreement

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