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BUSINESS

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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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Oryx Rotana Launches National Sports Day Offer
February 5th, 2020 - 12:22 GMT

Oryx Rotana Launches National Sports Day Offer

Lebanon: $2.3 Billion Transferred To Swiss Banks
February 5th, 2020 - 12:21 GMT

Lebanon: $2.3 Billion Transferred To Swiss Banks

Arabian Automobiles Nissan Brings Back Best and Most Popular Trade-In Campaign ‘Automania Exchange’
February 5th, 2020 - 12:07 GMT

Arabian Automobiles Nissan Brings Back Best and Most Popular Trade-In Campaign ‘Automania Exchange’

Fast Fashion Can Be Quite Affordable, But Here's the Real Cost Everyone Is Paying
February 5th, 2020 - 12:07 GMT

Fast Fashion Can Be Quite Affordable, But Here's the Real Cost Everyone Is Paying

Burgan Bank Celebrates Kuwait’s National & Liberation Day With Its Customers
February 5th, 2020 - 11:55 GMT

Burgan Bank Celebrates Kuwait’s National & Liberation Day With Its Customers

Switzerland Named The Most Expensive Country Globally, Qatar Won The Title Regionally
February 5th, 2020 - 11:36 GMT

Switzerland Named The Most Expensive Country Globally, Qatar Won The Title Regionally

BisB’s Chief Information Officer Emerges as Winner of CIO of the Year Award
February 5th, 2020 - 11:31 GMT

BisB’s Chief Information Officer Emerges as Winner of CIO of the Year Award

Accessabilities Expo Honours Etisalat for Making the Event a Success
February 5th, 2020 - 11:13 GMT

Accessabilities Expo Honours Etisalat for Making the Event a Success

Nissan was able to break the 1-minute lap challenge and take the fastest lap time for a production car at 59.361 seconds.
February 5th, 2020 - 10:52 GMT

Video Release: Nissan GT-R NISMO Breaks Lap Time Record on Tsukuba Circuit in Japan

Geopolitical Tensions, Coronavirus Weaken Gulf’s Non-Oil Private Companies
February 5th, 2020 - 10:47 GMT

Geopolitical Tensions, Coronavirus Weaken Gulf’s Non-Oil Private Companies

Huawei Freebuds 3 and Huawei Watch GT 2 Won Best of CES2020 and Editor’s Choice Awards
February 5th, 2020 - 10:27 GMT

Huawei Freebuds 3 and Huawei Watch GT 2 Won Best of CES2020 and Editor’s Choice Awards

 Lebanon: Former Economy Minister Calls For $25 Billion To Restore Confidence
February 5th, 2020 - 10:19 GMT

Lebanon: Former Economy Minister Calls For $25 Billion To Restore Confidence

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