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BUSINESS

BUSINESS latest

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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16 per cent of the electricity consumption in Jordan is drawn by the water sector. (File photo)
December 12th, 2016 - 07:00 GMT

Jordan inks $250M World Bank loan for water and energy sectors

Unfortunately, during this time of the year, you will find that there is less flexibility with deadlines and schedules. (Shutterstock)
December 12th, 2016 - 06:40 GMT

Surviving end-of-year stress at the office

Canon
December 12th, 2016 - 06:09 GMT

Be #selfieless during the holiday seasons with Canon

Local education leaders participating in the ‘Designing WISE 2017’ World Café
December 12th, 2016 - 06:05 GMT

Countdown to global WISE Summit 2017 begins with a World Café workshop

During the event
December 12th, 2016 - 06:01 GMT

Georgetown students win entrepreneurship prize

The feasibility study is in its fifth week now and apart from looking at route alignment and right-of-way issues, it is also exploring ways to integrate with the existing master plans for 2020 and 2030. (File photo)
December 12th, 2016 - 06:00 GMT

Double the distance: 40 km Hyperloop network projected for Expo 2020

Boeing also received a license to help Iran Air find 29 other Boeing aircraft from leasing companies. (File photo)
December 12th, 2016 - 05:23 GMT

Boeing finally closes $16.6B deal for jets to Iran

During the event
December 12th, 2016 - 04:40 GMT

HMC hosts activities to mark World Diabetes Day

The integration process is planned to start immediately and is expected to be completed within the next 12 months. (File photo)
December 11th, 2016 - 01:10 GMT

LNG giant Qatar Petroleum to merge RasGas and Qatargas

Demand could decline if US interest rates move higher and if the Chinese yuan depreciates in a disorderly fashion. (File photo)
December 11th, 2016 - 12:20 GMT

Global oil market to enter deficit in 2017: BoA Merrill Lynch

During the event
December 11th, 2016 - 11:59 GMT

HMC’s Annual Research Day 2016 highlights the impact of research in improving care for patients

During the event
December 11th, 2016 - 11:38 GMT

Gulf Bank holds an exclusive session with Blueprint Holding Co. and Knight Frank for its priority banking clients

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