OPEC Plus to Boost Oil Production as Ceasefire in Iran Remains Elusive
The cartel’s move to increase output by 188,000 barrels per day is largely symbolic, with vast amounts of the world’s oil stranded by the effective shutdown of the Strait of Hormuz.
Airline Profits Halve Amid Middle East Crisis
- 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 —
- 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 France-KLM CEO Discusses Resuming Gulf Flights 📹 Bloomberg — · 9min