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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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July 17th, 2003 - 02:00 GMT

Renewable power use to double as GCC faces $150 billion energy bill

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July 17th, 2003 - 02:00 GMT

Benetton opens new store at Al-Ghurair City

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July 17th, 2003 - 02:00 GMT

Samsung to construct Petrokemya’s new Butene plant

Al Bawaba
July 17th, 2003 - 02:00 GMT

Turkish steel sector mergers to benefit competition and financing

Al Bawaba
July 17th, 2003 - 02:00 GMT

Shell-Total consortium strikes landmark Saudi gas exploration deal

Al Bawaba
July 16th, 2003 - 02:00 GMT

Switzerland’s Vitol gets $80 million Murabaha financial facility

Al Bawaba
July 16th, 2003 - 02:00 GMT

Cyprus Airways appoint new operations chief in Saudi Arabia

Al Bawaba
July 16th, 2003 - 02:00 GMT

SABIC affiliate awards air separation plant contract to Air Products

Al Bawaba
July 16th, 2003 - 02:00 GMT

Saudi insurance sector opens to foreign investors

Al Bawaba
July 16th, 2003 - 02:00 GMT

Investcorp records 50 percent profit increase for 2003

Al Bawaba
July 16th, 2003 - 02:00 GMT

Malaysian investment bank and Saudi Dallah Al-Baraka form Islamic Investment alliance

Al Bawaba
July 16th, 2003 - 02:00 GMT

EK Holding joins Abu Keir to establish fertilizer company

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