‘Tankering’ and ‘demand destruction’ – how Asian airlines are trimming schedules and carrying extra fuel
Airlines across Asia are cutting flights, carrying extra fuel from home airports and adding refuelling stops as the Middle East conflict squeezes jet fuel supply in some countries, adding to pressure on an industry already hit by a sharp jump in fuel costs.
Hormuz blockade hits global trade
- 17 India-bound vessels with LPG, LNG, crude await transit near Hormuz Times Of India —
- Hormuz blockade disrupts Gulf limestone imports demand rises for Jaisalmer supply Times Of India —
- Iran Amplifies LNG Shortage by Blocking Passages Through Hormuz Bloomberg —
- Auto dealers flag dispatch delay as war hits parts supply Times Of India —
- Analysis: Strait of Hormuz transit shifts to 'dual-corridor system' CGTN —