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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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Privatization of assets such as Saudi Aramco would boost government finances in the medium term. (File photo)
January 20th, 2016 - 02:00 GMT

MENA sovereign ratings face negative outlook: S&P

Al Bawaba
January 20th, 2016 - 01:30 GMT

Jet fuel from plants? Masdar to open biofuel facility in March

Al Bawaba
January 20th, 2016 - 01:00 GMT

Egypt: BP plans to double natural gas production despite weak oil

Al Bawaba
January 20th, 2016 - 12:00 GMT

NBAD goes green with $10B, ten-year commitment to support sustainable businesses

The owners of the three shopping centers did not respond to the municipality’s warning notices. (File photo)
January 20th, 2016 - 11:00 GMT

Safety violations prompt closure of three Jeddah malls

Al Bawaba
January 20th, 2016 - 10:00 GMT

China's President Jinping visits Saudi: 14 agreements signed

Al Bawaba
January 20th, 2016 - 09:00 GMT

Davos discussions: MENA should consider oil slump as an opportunity

Al Bawaba
January 20th, 2016 - 08:00 GMT

Cementing their position: Aldar Properties pushes forward with $245M investment program

Saudi's finance ministry reported 2015 revenues at $162 billion, a 15 percent decline from budgeted revenues. (File photo)
January 20th, 2016 - 07:00 GMT

IMF downgrades growth forecast for Saudi Arabia

Al Bawaba
January 20th, 2016 - 06:00 GMT

Uber Middle East seals transport deal with Starwood Hotels

Al Bawaba
January 20th, 2016 - 05:14 GMT

Bahrain's budget deficit scuppers public sector pay rise plan

Al Bawaba
January 19th, 2016 - 02:30 GMT

World Economic Forum 2016 report: doom, gloom...and technology

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