The price of jet fuel and diesel has surged since the war in Iran began, which could force airlines and trucking companies to pass on higher costs to their customers.
Category: War and Armed Conflicts
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Rising Fuel Costs Pressure Airlines and Truckers
The New York Times – Business: -
Oil Falls and Stocks Rise After a Day of Drastic Swings
The New York Times – Business:The price of oil had spiked to nearly $120 a barrel on Monday, drawing remarks by President Trump that he believed the war on Iran was “very complete.”
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G7 Countries Hold Off on Releasing Emergency Oil Supplies
The New York Times – Business:Finance ministers for the seven industrialized countries met on Monday and said they would consider releasing oil from reserves but were not ready to do so now.
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War-Induced Inflation Spike Looms Over Europe’s Economic Recovery
The New York Times – Business:For months, the region has been encouraged by low inflation and better-than-expected economic growth. A disruption to energy supplies from the Middle East could knock it off course.
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Oil and Natural Gas Prices Extend Rally as Iran Attacks Escalates
The New York Times – Business:Energy prices continued to rise on Tuesday as attacks by the United States and Israel on Iran intensified, along with the country’s response.
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Travelers Stuck in Dubai Face ‘Chaos and Confusion’ Amid Flight Cancellations
The New York Times – Business:The Emirates’ reputation as a safe destination in a volatile area was put to a brutal test in recent days as Iran, retaliating against U.S.-Israeli attacks, targeted the region with missiles and drones.
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Airline Stocks Tumble as Iran War Expands Across Middle East
The New York Times – Business:Higher fuel prices and lower demand for international flights are eating into airlines’ profits.
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Oil Shipments in Persian Gulf Already Disrupted by Iran Attack
The New York Times – Business:Tankers have begun to steer clear of the region and the Strait of Hormuz, threatening to push up energy prices.
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A Popular Afghan Singer Challenges the Taliban With Song
After living for decades in exile, chased by war and religious bans, Naghma persists in singing to her people.
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Thailand and Cambodia Reach Trump Trade Deals, U.S. Official Says
Senior officials from both countries say they were still waiting to hear final details on the deals after comments by the U.S. commerce secretary, Howard Lutnick.
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Thailand and Cambodia Reach Trump Trade Deals, U.S. Official Says
Senior officials from both countries say they were still waiting to hear final details on the deals after comments by the U.S. commerce secretary, Howard Lutnick.