13+ hour, 55+ min ago   (616+ words) Inbound tourism to the Gulf is forecast to fall by more than a third this year as the Iran conflict disrupts air travel and dents visitor confidence. Arrivals are due to drop 38 percent, far worse than earlier forecasts of an…...

4+ day, 14+ hour ago   (738+ words) The true cost of the Hormuz crisis isn’t immediately apparent from countries’ headline rates The Strait of Hormuz seems distant from the supermarket checkout, but the economic distance is shrinking. Headline inflation can obscure that perception. Saudi Arabia’s consumer price…...

5+ day, 5+ hour ago   (13+ words) Arabian Gulf Business Insight | AGBI...

5+ day, 13+ hour ago   (477+ words) Valentina Pasquali and Pramod Kumar Oil prices rose for a fourth straight session in early trading on Wednesday, with Brent nearing $100 as the US-Iran conflict flared over control of the Strait of Hormuz. Brent crude futures rose 1.4 percent to $99.31 a…...

5+ day, 22+ hour ago   (444+ words) Kuwait is considering oil pipeline links with Saudi Arabia and the UAE as disruption in the Strait of Hormuz constrains its exports, a state energy official has said. “All options are open” and the country is “speaking with everyone” in…...

6+ day, 6+ hour ago   (758+ words) Crossing the price threshold would signal a new phase in the conflict Brent crude oil appears to be heading inexorably towards $100 a barrel. Traders and analysts often talk of this as “psychologically significant”, though there is nothing fundamentally different in…...

6+ day, 13+ hour ago   (388+ words) Oil prices extended their rally in early trading on Tuesday after Iran threatened to strike back at US energy facilities in the Middle East, stoking fears of supply disruption. Brent crude futures rose 0.35 percent to $97.34 a barrel by 00:00 GMT. US…...

1+ week, 18+ hour ago   (581+ words) Construction costs are rising in Saudi Arabia as disruption at the Gulf’s maritime chokepoints forces contractors to deliver by truck materials that would normally arrive by sea, industry experts have told AGBI. Shipping through the Strait of Hormuz is yet…...

1+ week, 13+ hour ago   (361+ words) Oil prices rose in early trading on Monday after the US and Iran struck vessels in the Strait of Hormuz on Saturday. Traffic through the waterway fell to its lowest level in three months, according to a maritime vessel-tracking company....

1+ week, 4+ day ago   (615+ words) Non-oil business activity strengthened across the Gulf in August as companies adapted to disruption from the US-Israeli war with Iran, with the sector in the UAE recording its fastest growth in nearly two years. Surveys point to a broader recovery…...