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Oil flows shift as Trump raises Hormuz concerns
April 10th, 2026 - 12:05 GMT
Osama Ali

Osama Ali

Oil flows shift as Trump raises Hormuz concerns

ALBAWABA - As rising tensions continue to disrupt international energy markets, U.S. President Donald Trump has cautioned Iran against charging tolls to ships traveling through the Strait of Hormuz. The alert comes after rumors that Tehran would impose fees on oil tankers passing through the vital canal, which could put more pressure on already precarious supply routes. Global oil prices have sharply increased as a result of the ongoing turmoil ...
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Al Bawaba
March 16th, 2015 - 01:34 GMT

Emaar to have no role in construction of new Egyptian capital

Dubai
March 16th, 2015 - 04:55 GMT

Dubai apartments now up to $100,000 cheaper

Al Bawaba
March 15th, 2015 - 08:14 GMT

A different kind of rentierism: Suez Canal zone to account for third of economy

Al Bawaba
March 15th, 2015 - 07:45 GMT

Russia calls Egypt 'centre of the universe', announces nuclear plant, tourism cooperation

During his closing speech, President Abdel Fattah Al-Sisi called for holding the summit every year in Sharm El-Sheikh.
March 15th, 2015 - 07:30 GMT

'$200 billion still needed': Sisi thanks attendees of Economic Summit, says he intends to do this every year

The social aspect of growth will be also tackled through a focus on microcredit and small and medium sized enterprises.
March 15th, 2015 - 09:37 GMT

Egypt's prime minister lifts the curtain on 2030 economic vision

Apart from the airport issue, Israel can build the fence “as long as the barrier will not be built on the West Bank lands that Jordan considers Palestinian territories”.
March 15th, 2015 - 09:18 GMT

Jordan demands its airspace sovereignty as Israel mulls 'fencing' new contentious airport

Much of the investments will be injected for expanding the PepsiCo’s portfolio and in the company’s total supply chain network as well as infrastructure and capacity, stated Sheikh.
March 15th, 2015 - 09:10 GMT

The 'other side' of development: Egypt's Economic Conference will bring also bring more Pepsi and Malls

Al Bawaba
March 15th, 2015 - 08:31 GMT

Power dominates: Egypt signs $40 billion worth of energy deals on second day of investment conference

The dispute highlights fundamental differences between the two sides over who controls oil resources and revenues.
March 15th, 2015 - 07:41 GMT

A budgetary tipping point: Iraqi-Kurdish oil deal potentially 'unraveling'

Al Bawaba
March 15th, 2015 - 07:39 GMT

Keep them coming: IMF chief Lagarde praises Egypt's economic reforms, asks for more

Al Bawaba
March 15th, 2015 - 07:37 GMT

Growing glut: Oil prices tumble 9%

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