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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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Al Bawaba
January 4th, 2016 - 09:47 GMT

Saudi-Iran tensions fuel gold, oil price rise

Al Bawaba
January 4th, 2016 - 08:57 GMT

Burgan Bank announces strategic sponsorship of ‘SPARK Marathon 2016’

Al Bawaba
January 4th, 2016 - 08:00 GMT

Fired up: UAE to purchase $28.6M in rocket systems from Lockheed Martin

The Otter Encounter allows visitors to get up close to and personal with their otters. (de8ah.com)
January 4th, 2016 - 07:30 GMT

Otter this world: New Animal Encounters at the Dubai Aquarium and Underwater Zoo

Al Bawaba
January 4th, 2016 - 07:09 GMT

Lebanon's hotels suffer holiday slump

During the event
January 4th, 2016 - 06:43 GMT

Wyndham group plans expansion in UAE

During the event
January 4th, 2016 - 06:35 GMT

Ooredoo’s ‘Fans Do Wonders’ winners meet Paris Saint-Germain players in Doha

Al Bawaba
January 4th, 2016 - 06:33 GMT

ENOC Group bolsters leadership team with two key appointments

Sultan Ahmed Bin Sulayem, Chairman of DP World
January 4th, 2016 - 05:59 GMT

Sultan Bin Sulayem: Dubai delivered unforgettable lessons of creativity, efficiency and good crisis management

Al Bawaba
January 4th, 2016 - 05:54 GMT

HE Saeed Mohammed Al Tayer on the 10th Accession Day anniversary

Al Bawaba
January 4th, 2016 - 05:44 GMT

Abu Dhabi raises water and electricity rates, but will residents curb consumption?

Campaign flyer
January 4th, 2016 - 04:44 GMT

Ooredoo surprises customers with new revolutionary internet packages

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