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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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The GERD has strained relations between Ethiopia and Egypt since construction began in 2011, with relations reaching their lowest point in 2013. (File photo)
June 13th, 2016 - 09:00 GMT

Renaissance Dam filling process to begin in July 2017, before impact study complete

Al Bawaba
June 13th, 2016 - 07:00 GMT

Saudi Electricity woos international partners for two solar plants

Destination Asia Group is an integrated travel management company operating in 11 Asian countries. (Global Travel Group)
June 13th, 2016 - 05:00 GMT

Emirates' dnata moves into Asian travel market with stake in Destination Asia Group

An explosive device hidden in plants outside BLOM bank headquarters in the Verdun neighborhood went off shortly after 8 pm on a mainly deserted street last night. (AFP/Anwar Amro)
June 13th, 2016 - 04:22 GMT

Beirut's BLOM Bank bombing keeps spotlight on Hezbollah funding debate

SaudiGulf is initially expected to launch daily flights to Jeddah and Riyadh before expanding to Abha, Madinah, Gassim and Tabuk. (RIyadh Vision)
June 12th, 2016 - 12:00 GMT

New SaudiGulf Airlines set to begin domestic flights

The six member GCC bloc has been debating a common value added tax, which is a tax levied on the import and supply of goods and services at each production and distribution stage, for over a decade. (File photo)
June 12th, 2016 - 11:00 GMT

VAT in GCC: Challenges ahead of 2018 implementation

Meydan has multiple projects in various stages of development, including the signature mixed-use Meydan One master-development and partnership in the Dubai Canal extension. (Meydan)
June 12th, 2016 - 10:00 GMT

Dubai's Meydan Group secures $270M in Islamic financing

Oman is against introducing income tax for expats due to pressures such as the recent removal of fuel subsidies, a factor that has added to inflation, and the introduction of VAT . (Shutterstock)
June 12th, 2016 - 09:00 GMT

Expats' income in Oman will remain tax-free: Ministry of Manpower

A WFP ship bringing fuel supplies to Aden in July 2015. (Twitter)
June 12th, 2016 - 07:00 GMT

Yemen: Respite for Aden's fuel crisis as power station refueled

The Labour Ministry said the rise in child employment was linked to the influx of Syrian refugees into the Kingdom.  (UNHCR)
June 12th, 2016 - 06:00 GMT

Child labor in Jordan has tripled over last ten years

The United States sold $20 billion in arms to Saudi Arabia in 2015 alone, according to Human Rights Watch. (Wikimedia Commons)
June 12th, 2016 - 05:00 GMT

US lawmakers seek bill to halt arms sales to Saudi over Yemen campaign

The Baltim South West well is located 12 kilometres from the coast, 25 metres deep, and 10 kilometres north of the Nooros field. (File photo)
June 12th, 2016 - 04:26 GMT

BP, Eni confirm new 'significant' gas discovery in Egypt's Mediterranean

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