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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
February 25th, 2004 - 02:00 GMT

Better Life acquires Fisher and Paykel distribution

Al Bawaba
February 25th, 2004 - 02:00 GMT

Ernst & Young launches regional Hospitality and Leisure Advisory service from Dubai

Al Bawaba
February 25th, 2004 - 02:00 GMT

High-level Iraqi post team in Dubai to study Emirates Post's operations

Al Bawaba
February 25th, 2004 - 02:00 GMT

Saudi Prince Al-Waleed receives Ambassador of Hungary

Al Bawaba
February 25th, 2004 - 02:00 GMT

European Commissioner Nielson pledges a further €6.2 million for Iran earthquake victims

Al Bawaba
February 25th, 2004 - 02:00 GMT

Iraqi GSM market: Regionally low minute rates but SMS rates are expensive

Al Bawaba
February 25th, 2004 - 02:00 GMT

Abu Dhabi Commercial Bank posts $110 million net profit for 2003

Al Bawaba
February 25th, 2004 - 02:00 GMT

Credit Agricole to raise €250 million through Islamic financing for Bahrain Financial Harbour

Al Bawaba
February 24th, 2004 - 02:00 GMT

Deadline to bid for second Saudi GSM license set for March 21

Al Bawaba
February 24th, 2004 - 02:00 GMT

EC releases €28 million of risk capital facility for Mediterranean countries

Al Bawaba
February 24th, 2004 - 02:00 GMT

GIB and Kuwaiti Commercial Facilities Company sign a $100 million loan facility

Al Bawaba
February 24th, 2004 - 02:00 GMT

IDB approves $201 million earthquake assistance for Iran

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