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Economic blow to European economies as Hormuz disruption threatens energy supplies
March 19th, 2026 - 10:42 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Economic blow to European economies as Hormuz disruption threatens energy supplies

ALBAWABA- A new study has warned that a near-total disruption of shipping through the Strait of Hormuz could deal a severe economic blow to European economies, as escalating Iran–Israel tensions threaten global energy flows. The research, conducted by the Supply Chain Information Institute alongside the Centre for Complexity Science and Delft University of Technology, finds that the impact would be concentrated in a small number of EU countries and would ...
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Barack Obama has sent a video of congratulations to the UAE as it hosts the three-day event, during which Sheikh Mohammed is expected to announce major structural changes in the government. (Image courtesy of Trade Arabia)
February 8th, 2016 - 11:04 GMT

World Government Summit kicks off in Dubai

Sultan Taymoor Grand Mosque in Muscat. (Twitter)
February 8th, 2016 - 11:00 GMT

Oman lost $14B due to oil price dive in 2015

The Bahrain Academic Complex was the first school in the Zaatari refugee camp and houses 16 classrooms and one nursery. (Xinhua/Mohammad Abu Ghosh)
February 8th, 2016 - 10:00 GMT

Bahrain to fund new school for Syrian refugees in Jordan

Will Lebanon's consumers have to bear the burdens of failed policies? (File photo)
February 8th, 2016 - 09:00 GMT

Gas tax fuels debate in Lebanon

Aerial view of Hamad International Airport. (Construction Week Online)
February 8th, 2016 - 08:00 GMT

Qatar's FIFA 2022 spending spree continues with $22B in contracts up for grabs

 Israeli security forces advancing on the village of Qabatiya, near the West Bank town of Jenin on February 6, 2016. (AFP/Jaafar Ashtiyeh)
February 8th, 2016 - 07:00 GMT

Israel annuls work permits for Qabatiya residents following attacks

The French shipment in December was rejected for containing high levels of ergot fungus. (Pixabay)
February 8th, 2016 - 06:00 GMT

Egypt's ministers reassure wheat suppliers after rejection of French shipment

Environmentalists want Jordan's lawmakers to understand the link between economics and the environment. (Wikimapia)
February 8th, 2016 - 05:19 GMT

Jordan's lawmakers not keen on green: conservationists

The Arabian oryx can be found in the Empty Quarter. (Twitter)
February 7th, 2016 - 02:30 GMT

Not so empty, then: Saudi develops wildlife sanctuary and camps to boost Empty Quarter tourism

The Commercial Bank of Qatar earned a net profit of 1.45B riyals, compared to a profit of 1.94B riyals in 2015.  (Shutterstock/Philip Lange)
February 7th, 2016 - 02:23 GMT

Qatar banks to face tough operating conditions in 2016: S&P

The dam is scheduled to be completed in 2017. (Twitter)
February 7th, 2016 - 02:07 GMT

Grand Renaissance Dam talks resume, will address impact studies

Al Bawaba
February 7th, 2016 - 01:12 GMT

Onwards and upwards: Middle East airlines record highest surge in traffic in 2015

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