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Oil Gridlock: 26 tankers swarm Iran's Kharg island
May 22nd, 2026 - 11:46 GMT
Osama Ali

Osama Ali

Oil Gridlock: 26 tankers swarm Iran's Kharg island

ALBAWABA - A fresh review of satellite images has shown a record number of oil tankers circling Iran’s Kharg Island, underscoring mounting pressure on the country’s energy industry as curbs on its oil exports persist. Images dated May 21 show around 26 tankers clustered around the island’s loading terminals and nearby waterways, the most boats spotted there since the conflict began earlier this year. The photographs show that export activities ...
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US Dollar Weakens Amid Gloomy Data
August 18th, 2020 - 07:30 GMT

US Dollar Weakens Amid Gloomy Data

Saudi Arabia: Fintech Industry is Growing Strongly
August 18th, 2020 - 07:00 GMT

Saudi Arabia: Fintech Industry is Growing Strongly

Turkey: Foreign Currency Demand Soars Amid Lira's Freefall
August 18th, 2020 - 06:00 GMT

Turkey: Foreign Currency Demand Soars Amid Lira's Freefall

What Does the Future Hold for Cryptocurrencies in the Middle East?
August 17th, 2020 - 03:00 GMT

What Does the Future Hold for Cryptocurrencies in the Middle East?

6 Points You Need to Do When Restarting Business
August 17th, 2020 - 02:30 GMT

6 Points You Need to Do When Restarting Business

This is How Covid-19 Might Impact Trade Costs
August 17th, 2020 - 02:00 GMT

This is How Covid-19 Might Impact Trade Costs

Japan: Economy Contracts by 27.8 Percent in Q2 Due to COVID-19
August 17th, 2020 - 01:30 GMT

Japan: Economy Contracts by 27.8 Percent in Q2 Due to COVID-19

South Korea: Sales of Hyundai's Genesis Surpass Mercedes-Benz Sales
August 17th, 2020 - 01:00 GMT

South Korea: Sales of Hyundai's Genesis Surpass Mercedes-Benz Sales

This How India is Securing Their Energy Future
August 17th, 2020 - 12:30 GMT

This How India is Securing Their Energy Future

UAE: Employees Seek Compensation for 'Working from Home' Expenses
August 17th, 2020 - 12:00 GMT

UAE: Employees Seek Compensation for 'Working from Home' Expenses

UAE: Sharjah Airport Becomes First Carbon-Neutral Airport in GCC
August 17th, 2020 - 11:30 GMT

UAE: Sharjah Airport Becomes First Carbon-Neutral Airport in GCC

Kuwait: The Repercussions of the Expats Exodus on the Economy
August 17th, 2020 - 11:00 GMT

Kuwait: The Repercussions of the Expats Exodus on the Economy

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