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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 12th, 2015 - 11:44 GMT

Kuwait, OPEC's oil policy to stick beyond June

Al Bawaba
March 11th, 2015 - 05:41 GMT

Not so healthy: Egypt's annual inflation hit 10.7% in February

Al Bawaba
March 11th, 2015 - 05:19 GMT

Ready for summer! Flydubai expands services to Africa

Al Bawaba
March 11th, 2015 - 03:03 GMT

What tensions? Israel Turkey's second-largest buyer of diesel fuel

Al Bawaba
March 11th, 2015 - 02:56 GMT

Building up: Big 5 kicks off in Saudi Arabia


Under the plan agreed by ministers, the plan will run for four years but will be reviewed after three years to see if it is working.
March 11th, 2015 - 02:49 GMT

To the rescue: EU announces $338 billion package to boost investment

Al Bawaba
March 11th, 2015 - 10:11 GMT

Resort-style apartments: Kuwait developer unveils $700 million waterfront project

Al Bawaba
March 11th, 2015 - 08:47 GMT

$136 salaries: Construction workers stage rare protest next to Dubai Mall

The decision came after Saudi Arabia blocked a speech that Swedish Foreign Minister Margot Wallstrom was scheduled to hold on Monday at a meeting of the Arab League in Cairo.
March 11th, 2015 - 08:34 GMT

Indefensible: Sweden to end defence agreement with Saudi Arabia

Al Bawaba
March 11th, 2015 - 08:23 GMT

Back to Morsi's days? Egypt hit by new fuel crisis

Al Bawaba
March 11th, 2015 - 07:41 GMT

It's not the end: Qatar moves fiscal year dates, reforms budget

Al Bawaba
March 10th, 2015 - 08:22 GMT

What about Etihad's leaked documents? UAE calls accusations of subsidizing airlines 'baseless'

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