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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 10th, 2004 - 02:00 GMT

Survey: OPEC 10 produces 1.6 million bpd above self-imposed ceiling

Al Bawaba
February 10th, 2004 - 02:00 GMT

FCP completes drilling of fifth well at Algeria’s Ledjmet Block

Al Bawaba
February 10th, 2004 - 02:00 GMT

London stockbroker offers first Islamic property fund to UK Muslims

Al Bawaba
February 10th, 2004 - 02:00 GMT

Fitch upgrades Long-Term ratings of Turkish banks

Al Bawaba
February 10th, 2004 - 02:00 GMT

Fitch upgrades Turkey’s currency ratings to B+

Al Bawaba
February 10th, 2004 - 02:00 GMT

Fitch assigns ratings to Cyprus' Kommunalkredit International Bank

Al Bawaba
February 10th, 2004 - 02:00 GMT

Saudi Prince Al-Waleed meets with top CEOs

Al Bawaba
February 10th, 2004 - 02:00 GMT

Germany’s Merck launches Glucovance for diabetics in the UAE

Al Bawaba
February 10th, 2004 - 02:00 GMT

KIPCO’s net profits up 182 percent to $62 million in 2003

Al Bawaba
February 10th, 2004 - 02:00 GMT

Beryt Financial Advisors opens in Beirut

Al Bawaba
February 10th, 2004 - 02:00 GMT

New Zealand’s Pumpkin Patch launches first store in the Middle East

Al Bawaba
February 10th, 2004 - 02:00 GMT

Global Finance names NBK Best Foreign Exchange Bank in the Middle East for 2004

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