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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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April 2nd, 2019 - 04:00 GMT

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April 1st, 2019 - 06:00 GMT

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Germany on Sunday announced that it delivered a $100-million unconditional loan to Jordan in budget support. (Shutterstock)
April 1st, 2019 - 10:32 GMT

Germany Supports Jordan With $100 Million Unconditional Loan

Gold prices were trading near flat on Monday in Asia. (Shutterstock)
April 1st, 2019 - 10:18 GMT

Gold Prices Remain Unchanged Amid Positive China Data; Trade Talks Progress

South Sudan will pump an additional 70,000 barrels per day of crude oil next June. (Shutterstock)
April 1st, 2019 - 10:11 GMT

South Sudan to Pump Additional 70,000 Oil Barrels by Next June

Europe must forge its own strategic view about the new global order. (Shutterstock)
April 1st, 2019 - 10:06 GMT

Opinion: EU Needs a New Global Trade Strategy

UAE hosts over 200 nationalities. (Shutterstock)
April 1st, 2019 - 09:31 GMT

Expats to Benefit From New Family Sponsorship Policy in UAE

Statistics revealed by the concerned authority show 41.2% of the Kuwaiti university graduates are unemployed. (Shutterstock)
April 1st, 2019 - 08:48 GMT

Over 40 Percent of Kuwaiti University Graduates Unemployed

Over $1.5 Billion Business Opportunities on Offer in Qatar. (Shutterstock)
April 1st, 2019 - 08:41 GMT

Over $1.5 Billion Business Opportunities on Offer in Qatar

Kuwait has put out to tender nearly 125 development projects across the country. (Shutterstock)
April 1st, 2019 - 08:35 GMT

Kuwait Floats Tenders for 125 Development Projects

Between 2014 to 2018, a total of 10,334 expat and Omani workers were laid off by 106 companies, including 5,000 in 2017 alone. (Shutterstock)
April 1st, 2019 - 07:51 GMT

Layoffs Plummet by 73 Percent in Oman

The World Bank has suspended a $200 million project in Pakistan’s southwest. (Shutterstock)
April 1st, 2019 - 07:01 GMT

World Bank Suspends $200 Million Project in Pakistan

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