OPEC to increase oil output amid continued closure of Strait of Hormuz
UPI
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https://cdnph.upi.com/ph/st/th/2031780848135/2026/upi/a96a6e4f263fba902338182d8bc0123e/v1.5/OPEC-to-increase-oil-output-amid-continued-closure-of-Strait-of-Hormuz.jpg" /> OPEC plans to hike production by 200,000 barrels per day despite the Strait of Hormuz remaining closed, making it near-impossible to ship any of it.
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