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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
December 29th, 2015 - 02:30 GMT

GCC equities drop following news of Saudi's budget deficit

Al Bawaba
December 29th, 2015 - 02:00 GMT

Despite tensions, Egypt and Russia to sign final Dabaa nuclear power plant contract

Al Bawaba
December 29th, 2015 - 01:00 GMT

Fuel up, subsidies to be slashed: Saudi braces for cost-cutting reforms

Part of the Arab Fund loan will be allocated to improve the infrastructure and tourist facilities around Petra. (File photo)
December 29th, 2015 - 12:00 GMT

Jordan gets $71M loan from Arab Fund for Petra, SMEs, weather forecasting infrastructure

Al Bawaba
December 29th, 2015 - 11:53 GMT

Deloitte: beyond “Big Data”, it is time to think about iData

The first batch of Saudi-funded French weapons arrived in Beirut in April. (AFP/Anwar Amro)
December 29th, 2015 - 11:00 GMT

Lebanon denies Saudi arms grant is stalled

During the event
December 29th, 2015 - 10:43 GMT

Imdaad holds blood donation campaign at Jebel Ali headquarters

Al Bawaba
December 29th, 2015 - 10:40 GMT

'Marathon' meetings between Shell-BG and Leviathan partners to finalize Israel gas export to Egypt

During the event
December 29th, 2015 - 10:07 GMT

dnata receives seventh certification for IATA's Safety Audit for Ground Operations (ISAGO)

OPEC's last meeting in November ended without concrete plans to change the status quo. (File photo)
December 29th, 2015 - 10:00 GMT

Russia's playing the blame game over oil prices

Al Bawaba
December 29th, 2015 - 09:08 GMT

Hyundai offers four years/unlimited mileage warranty

Al Bawaba
December 29th, 2015 - 09:00 GMT

Cheap surfing: Bahrain's broadband costs down 85 percent in five years

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