OPEC, Allies Pledge Oil-Output Hike Even as Middle East War Chokes Exports
The move is widely seen as symbolic as the war in the Middle East has choked off a critical waterway through which a fifth of the world’s oil passes.
Airline Profits Halve Amid Middle East Crisis
- Airline profits expected to halve in 2026 due to 70% increase in jet fuel prices: IATA The Straits Times —
- Air France-KLM CEO on Fuel Prices and Gulf Flights Bloomberg —
- Air fare rises ‘inevitable’ as airlines face extra $100bn jet fuel bill this year The Guardian —
- Global airlines slash 2026 profit forecast on fuel shock from Iran war - Reuters Reuters —
- Air France-KLM CEO Discusses Resuming Gulf Flights 📹 Bloomberg — · 9min