Latest news

Middle East
Jun 8, 2026

Greece charges Palestinian man over suspected Hamas links

The Athens News Agency reported that a 37-year old man who was arrested in Greece at the weekend had been charged with terrorism offenses linked to the...

Transportation
Jun 8, 2026

Repairs to the Norway-Denmark cable will reduce its capacity by 245 MW until September

Statnett, the Norwegian grid operator, announced on Monday that one of four transmission cables connecting Norway and Denmark will be out of service for three months for...

Passenger Transportation Services
Jun 8, 2026

LATAM Brasil reduces fuel cost plans and capacity plans, with cuts expected into the third quarter

CEO Jerome Cadier said on Monday that 'LATAM Airlines Brazil's Brazilian unit will reduce?capacity in July by 3% compared to its initial plans for the period because...

Passenger Transportation Services
Jun 8, 2026

There are some flights to the Middle East that have resumed but there is still disruption.

As regional carriers rebuild their schedules following war-related disruptions, some airlines are gradually restoring flights to the Middle East. However, the conflict continues disrupting wider traffic flows....

Transport Infrastructure
Jun 8, 2026

Why the Houthis, who are Iran-aligned, could have a greater impact on the oil market than previously thought

The Houthis, who are aligned with Iran in Yemen, announced on Monday they would bar ships from the Red Sea that were linked to Israel after Israel...

North America
Jun 8, 2026

Sign up now to be the first Londoners to ride a robotaxis before it launches 'in a few months'

Uber announced that its users can sign up for the chance to ride the 'first robotaxis' in London as soon as the regulators approve the launch. This...

Asia
Jun 8, 2026

India confirms that the crew of an Indian oil tanker is safe after a fire was reported off the coast of Oman.

India's shipping ministry said that 24 Indian sailors were onboard an oil tanker which caught fire off the coast Oman. They added that they were all safe....

Transportation
Jun 8, 2026

LSEG data indicates that Freeport LNG will take in more natgas Monday, after the train was shut down on Saturday.

Freeport LNG’s export -plant in Texas is on track to 'take in more natural...gas on Monday, after one of its three liquefaction trains?shut?down?"on Saturday. Freeport's liquefied gas...

Oil Pipeline
Jun 8, 2026

Sources say that Russia will reduce its June oil exports due to higher refinery output and lower crude production.

Market sources say that Russia will reduce its crude exports in June as it plans to increase refinery runs amid looming fuel shortages. According to preliminary information...

Europe
Jun 8, 2026

Maguire: Why Italy's low hydro output could hamper Europe's gas reconstruction efforts

The European push to build up natural gas stocks is largely influenced by global LNG storage and flow targets. Another key constraint is found further south, in...

Freight Logistics
Jun 8, 2026

What does the Houthis' threat to attack Red Sea shipping mean for the oil markets?

The Houthis, who are Iran-aligned in Yemen, announced on Monday they would stop ships from Israel leaving the Red Sea. This comes after Israel re-initiated its military...

Freight Logistics
Jun 8, 2026

Yemen's Houthis, backed by Iran, threaten Israeli shipping on the Red Sea

Houthi rebels in Yemen, who are allied with Iran, announced on 'Monday they would prohibit Israeli shipping from the Red Sea. This will add to the challenges...

Passenger Transportation Services
Jun 8, 2026

RPT-Beyond The Pitch: Brokerages Bet on Sector Winners as the Soccer World Cup is set to Kick Off

Analysts predict that the 2026 FIFA World Cup in host countries will bring billions of dollars to their economies. This will be fueled by a massive surge...

Passenger Transportation Services
Jun 8, 2026

Indian shares fall to two-month lows due to oil price spike and Asia selloff

Indian shares dropped on Monday, following a sharp sell-off in Asian markets. Crude prices also spiked as a result of the escalation in the Middle East conflict....

Western Europe
Jun 8, 2026

Gaudi's legacy is celebrated by a papal visit one hundred years after his humble demise

The Catalan architect Antoni Gaudi, who was killed by a tram on the streets of Barcelona in '1926 did not receive any immediate medical attention because people...

Europe
Jun 8, 2026

Maguire: Why Italy's low hydro output could hamper Europe's gas reconstruction efforts

The European push to build up natural gas stocks is largely influenced by global LNG storage and flow targets. Another key constraint is found further south, in...

Transportation
Jun 8, 2026

FAA cancels San Francisco International Airport's short ground stop

The?U.S. The?U.S. According to a FAA notice, the ground stop was from 9:53 pm to 11:15 pm PDT (0435 - 0615 GMT on Monday). The ban was...

Passenger Transportation Services
Jun 8, 2026

Indian shares fall on Asia-wide selloff due to oil price spike

Indian shares fell early on Monday as they tracked a sharp selloff in?Asian markets and crude prices spiked because of the escalation in the Middle East conflict....

Passenger Transportation Services
Jun 8, 2026

Indian shares open lower after oil spike and Asia selloff affect sentiment

Indian shares opened lower on Monday as they tracked a sharp selloff across Asian markets due to a'spike in oil price,' a resurgence of Middle East tensions,...

North America
Jun 8, 2026

China's global ecommerce push is stalled as the Iran war raises costs and dampens demand

China's export engine for e-commerce is in trouble as rising jet fuel prices and a weaker demand by lower-income Western consumers linked to the Iran War threaten...

Passenger Transportation Services
Jun 7, 2026

Indian shares to fall due to oil price spike and Asia's sell-off

Indian shares are expected to open lower Monday as they follow a sharp selloff in?Asian markets due to a spike of oil prices, renewed Middle East tensions,...

Asia
Jun 7, 2026

A Ukrainian drone killed one in Russia-annexed Crimea according to a Moscow-installed Governor

In a Telegram message posted early on Monday, the Crimean peninsula's russian-installed Governor?Sergei?Aksyonov claimed that a Ukrainian drone had struck a train in Crimea and killed its?assistant?driver?and...

Passenger Transportation Services
Jun 7, 2026

LATAM CEO expects further airline capacity reductions if the fuel crisis persists

LATAM Airlines' Chief Executive?Roberto Alvo warned that the industry could be forced to reduce capacity if fuel prices continue to rise into 2027. He also said there...

Passenger Transportation Services
Jun 7, 2026

Chairman: Fuel prices will not derail TAP privatization

The rising fuel costs in aviation won't derail the privatization process of Portugal's flag carrier TAP. It could select a strategic partner by the end of the...

Passenger Ground & Sea Transportation
Jun 7, 2026

In a bus accident and fire near Nassiriya, at least 21 Iraqis were killed and 19 injured

Police and health officials reported that at least 21 Iraqis were killed and 19 injured when a passenger?bus crashed and caught fire?near Nassiriya, a southern?city?. Officials?stated that...

North America
Jun 7, 2026

Iran rejects the idea of using assets to pay US allies damages

Iran's deputy foreign minister Kazem Gharibabadi stated on Sunday that regional governments "were not in a position" to demand restitution. He was responding to reports that the...

Passenger Transportation Services
Jun 7, 2026

Oman Air orders jets to transform into profit

Oman Air will order 'jets' to replace its aging planes, and to serve more routes, according to CEO Con Korfiatis. Korfiatis did not reveal a timeline for...

Passenger Transportation Services
Jun 7, 2026

Cathay Pacific CEO: More aircraft to be ordered across the fleet

Ronald Lam, the Chief Executive Officer of Cathay Pacific, said that it is looking at placing additional orders for widebody aircraft, 'narrowbody aircraft and freighter planes as...

Passenger Transportation Services
Jun 7, 2026

Embraer, Brazil's Embraer, sees China as the ultimate breakthrough for E2 jets

A senior executive at Brazilian planemaker Embraer said on Sunday that the company expects its E2 'jets' to be brought into China eventually, as the aircraft will...

Passenger Transportation Services
Jun 7, 2026

United Airlines CEO: Big merger unlikely following American's rejection, but asset purchases are possible

United Airlines is open to purchasing airport slots, gates, or other assets, if higher fuel prices place weaker competitors under pressure. However, it will not pursue a...

Passenger Transportation Services
Jun 7, 2026

Copa Airlines maintains its no-hedge policy as fuel shock tests airlines

Copa Airlines does not plan to hedge fuel despite recent price spikes linked to the war with 'Iran. CEO Pedro Heilbron said that the airline is confident...

Passenger Transportation Services
Jun 7, 2026

Italy's ITA Airways considers a lawsuit against Pratt & Whitney over engine defects

The CEO of ITA 'Airways' said on Sunday that the airline will decide in the next 'eight weeks' whether to sue RTX's Pratt & Whitney for engine...

Passenger Transportation Services
Jun 7, 2026

Fuel shock in Iran War slashes 2026 profit forecast for global airlines

On Sunday, the global airline industry almost halved their 2026 profit projection, citing conflict in the Middle East, which has?driven fuel prices up, disrupted important air corridors,...

Passenger Transportation Services
Jun 7, 2026

Etihad Airways purchases widebody aircraft, returns to pre-war capacity by June

In an interview, CEO Antonoaldo Neves stated that Etihad Airways will be ordering more widebody aircraft to meet its 8% increase in flights over the previous year...

Passenger Transportation Services
Jun 7, 2026

Ethiopia Airlines to make decision on regional jets in the next three weeks

Ethiopian Airways will likely decide in the next three months on an order of 25 smaller commercial 'jets' to expand its local network. This was announced by...

Passenger Transportation Services
Jun 6, 2026

Boeing executive: China can get aftermarket support for its 200-jet aircraft order.

Boeing's top executive for services?said that Boeing can support China with aftermarket parts to back up a 200-planes order announced by the planemaker in response to a...

Passenger Transportation Services
Jun 6, 2026

Alaska Air: Demand and fares may support cash flow in the second half despite fuel price shock

Alaska Air Group hopes to reinstate its financial guidance during its second-quarter earnings conference call, if fuel prices stabilize, said Chief Financial Officer Shane Tackett on Saturday....

Passenger Transportation Services
Jun 6, 2026

Southwest Airlines sticks with Boeing after MAX 7 delays push service back to 2027

Southwest Airlines' Chief Operating Officer Andrew Watterson said on Saturday that the airline expects Boeing's long delayed 737 MAX 7 to enter revenue service by 2027. The...

Passenger Transportation Services
Jun 6, 2026

Breeze Airways, a US low-cost carrier, sets its sights on the 2027 IPO

?U.S. Breeze Airways, a low-cost domestic carrier, is planning an initial public offering in 2027. Its Chief Executive David Neeleman announced this on Saturday. He said that...

Passenger Transportation Services
Jun 6, 2026

Rio Summit: Airline executives grapple with fuel crisis, fare tests

The Iran War is driving up fuel prices and disrupting airspace, while airlines try to cushion the impact with higher fares. The International Air Transport Association's (IATA)...

Passenger Transportation Services
Jun 6, 2026

Bloomberg News reports that Airbus is closing in on a widebody order by a Scandinavian airline

Bloomberg reported that Airbus was 'closing in' on a large-scale order from Scandinavian Airlines, SAS AB. The order includes a mixture of Airbus A330neos and more advanced...

Passenger Transportation Services
Jun 6, 2026

Brazilian airline Azul is planning further frequency reductions as the fuel shock bites

Brazilian airline Azul will increase 'capacity reductions' amid increased jet fuel prices related to the Iran War. The carrier will also continue reducing flying in order to...

Passenger Transportation Services
Jun 6, 2026

Rio Summit: Airline executives grapple with fuel crisis, fare tests

The Iran 'war' is driving up fuel prices and disrupting?airspace?, while carriers are trying to cushion the impact with higher fares. The International Air Transport Association's (IATA)...

Transportation
Jun 5, 2026

Texas grid warns of risks when data centers and crypto sites fail voltage testing

According to the Texas grid operator, several large data centers and crypto-facilities planning to connect to the Texas power grid ahead of summer peak demand failed to...

Europe
Jun 5, 2026

Finland suspects four persons in breach of subsea cables

The Finnish police, who are investigating the damage done to two subsea cables in the Baltic Sea last year, said that four people were suspected of a...

Europe
Jun 5, 2026

Norway opposes tariffs and rejects US claims about forced labour

Norway's foreign minister has rejected a U.S. assessment that the Nordic country?failed? to prevent forced labor, adding?that?the allegation?was unfounded?and shouldn?t be used?by President Donald Trump?to justify new...

Passenger Transportation Services
Jun 5, 2026

Brokers bet on winners of various sectors as the World Cup soccer tournament kicks off

Analysts predict that the 2026 FIFA World Cup in host countries will bring billions of dollars to their economies. This will be driven by an unprecedented surge...

Transportation
Jun 5, 2026

Argentina recommends awarding the dredging contract to Jan de Nul, and local partners, despite US concerns

The Economy Ministry announced that the Argentine government had recommended awarding an important?dredging contract in Argentina to Belgian dredging firm Jan De Nul, and its local partner...

Transport Infrastructure
Jun 5, 2026

UAE markets benefit despite the stalled US/Iran peace talks

The stock markets of 'the United Arab Emirates' closed higher on Friday. Dubai outperformed its regional peers despite the fading hopes of a diplomatic breakthrough between Israel...

Passenger Marine Transportation
Jun 5, 2026

Pentagon: US forces board a sanctioned oil tanker in the Indian Ocean

The U.S. Indo-Pacific Command announced on Friday that U.S. forces had seized the stateless sanctioned oil tanker Davina in the Indian Ocean overnight. Washington has placed a...