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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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Al Bawaba
January 6th, 2016 - 09:27 GMT

How low can oil go? Oil prices slump to 11 year low

The Address Hotel fire on New Year's Eve was controlled without any fatalities. (File photo)
January 6th, 2016 - 02:00 GMT

Spate of high profile fires raises alarm over UAE fire safety systems

Al Bawaba
January 6th, 2016 - 01:02 GMT

Saudi's Prince Al Waleed pulls the plug on future Iranian investments

Falling oil prices have cast a long shadow on the GCC construction industry. (File photo)
January 6th, 2016 - 12:41 GMT

International Construction Costs Index: how do MENA countries rank?

Al Bawaba
January 6th, 2016 - 11:52 GMT

GCC airlines' flight suspensions to Iran: a boon for other carriers

Al Bawaba
January 6th, 2016 - 10:39 GMT

Jordanian-Saudi Economic Forum to shine a spotlight on investment opportunities in Aqaba

Al Bawaba
January 6th, 2016 - 08:00 GMT

UAE's LuLu Group plows $150M into Indian mall, hotel and convention center

The Zohr natural gas field was discovered in the Mediterranean Sea in August by Italian oil company Eni. (File photo)
January 6th, 2016 - 07:00 GMT

Egypt's newly-discovered Zohr gas field to start production in 2017

Al Bawaba
January 6th, 2016 - 06:00 GMT

Lebanon's cellular network shuffle: more indecision

Al Bawaba
January 6th, 2016 - 05:01 GMT

Fasten your seatbelt! Etihad and Emirates rank among 20 safest airlines

Al Bawaba
January 5th, 2016 - 03:33 GMT

REDTAG plans expansion with 20 new stores in MENA in 2016

Al Bawaba
January 5th, 2016 - 01:18 GMT

Kuwait to supply Egypt with $1.2B of crude oil, solar and jet fuel supplies annually

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