The group's chief executive stated that ITA -Airways does not plan to reduce flights due to a rise in jet fuel prices. He added that 80% of...
?Russia's vast Kirishinefteorgsintez (Kirishi) oil ?refinery halted processing on Tuesday following Ukrainian ?drone attacks ?which damaged ?the ?plant's units and caused a fire, two industry sources said....
According to the World Health Organization, seven passengers aboard a cruise ship sailing in the Atlantic Ocean, including three people who died, have either been 'confirmed' or'suspected'...
Cummins raised its revenue forecast for the year?on May 5, supported by a?resilient market for its power generation equipment, and expectations of an improving North American on-highway...
Frontier 'Group, parent company of low-cost carrier Frontier Airlines, forecast a larger-than-expected loss for the second quarter on Tuesday due to a'surge in jet fuel prices. The...
Volodymyr Zelenskiy, the President of Ukraine, said that Ukrainian troops were rapidly increasing the medium-range drone attacks on Russian forces. This is a sign of a growing...
U.S. energy exporters helped to plug global shortages of key products due to the Iran War. Sharply increasing domestic fuel prices raise questions about whether it is...
Four sources with knowledge of the situation said that a proposed 'pipeline' for transporting Canadian crude oil into the United States was close to getting the minimum...
Government data released on Tuesday showed that the Swiss inflation rate had doubled in April. It was at its highest level for nearly 18 months as the...
Stock markets in 'the Gulf' fell on Tuesday morning, after fresh attacks from Iran and the United States deepened the battle for the Strait of Hormuz. This...
Air Astana announced a?first-quarter 'loss? on Tuesday that widened by nearly threefold. Costs increased after the Kazakhstani carrier moved capacity away from Gulf routes due to the...
Government data released on Tuesday showed that the Swiss inflation rate doubled in April. It reached its highest level in nearly a year and a half due...
According to a court ruling, India's largest listed company, "Reliance" Industries, handed over the documents requested by federal police in an investigation into a drone import corruption...
UAE stocks fell early on Tuesday?trading after new attacks by Iran?and?the United States in?the Gulf deepened?the?fight for?the Strait?of Hormuz?a critical global energy chokepoint and shook an already...
Fraport, the operator of Germany's biggest airport, said on Tuesday that a?increase in traffic to other areas, notably Asia offset fewer flights into the Middle East area...
U.S. energy exporters helped to plug global shortages of key products due to the Iran War. Sharply increasing domestic fuel costs raise questions about whether it is...
Wesfarmers Australia's largest non-food retailer announced?on?Tuesday that it would be raising some of its product prices due to higher?freight costs and fuel costs resulting?from the Iran _war....
The head of American Airlines pilots' union, Scott Kirby, told his?members the merger idea of United Airlines CEO Scott Kirby was the "bold vision" that the airline...
Sudan's military blamed the United Arab Emirates (UAE) and Ethiopia for a drone strike on Monday that targeted Khartoum Airport. This is the latest of a series...
Chevron's Chairman and CEO, Mike Wirth, said that physical shortages of oil would start to appear around the world? due to a?closure of the Strait of Hormuz....
U.S. crude oil prices fell more than 1% on Tuesday, as investors weighed up the impact of?Iranian?attacks?on ships in the 'Strait of Hormuz? and the news that...
The head of American Airlines pilots' union told members that United Airlines CEO Scott Kirby's merger proposal showed "the bold vision" that the carrier needed, but the...
The head of American Airlines’?pilots' union,?Scott?Kirby, told his members that the "bold vision'' of United Airlines CEO Scott Kirby's merger 'idea was exactly what the carrier needed....
Southwest Airlines is interested in hiring aircraft mechanics from the now-defunct Spirit Airlines. A union official announced this on Monday, as Southwest Airlines prepares to receive Boeing's...
Mike Wirth, Chairman and CEO of Chevron, said on Monday physical'shortages' in oil supply will begin to appear around the world due to the closure of the...
Maersk reported that the Alliance 'Fairfax', a U.S. flagged vehicle carrier operated by Farrell Lines, left the Gulf on Monday accompanied by U.S. Military assets. U.S. Central...
Wall Street closed lower on Monday as the S&P 500 fell from its record highs. This was after a South Korean vessel was struck by an explosion...
Wall Street closed lower on Monday. The S&P 500 fell from record highs after an explosion hit a South Korean ship in the 'Strait of Hormuz. Tehran...
Wall Street fell?from its record highs Monday, after a South Korean vessel was struck by an explosion on the 'Strait of Hormuz' and Tehran exhibited its grip...
Middle Eastern carriers increased capacity following the disruption caused by the Iran War, while airlines outside of the Gulf have rerouted flights between Europe and Asia away...
The United States is drafting with?Gulf Arab countries a 'U.N. Security Council resolution to condemn?Iran's blocking of?the Strait?of Hormuz?as a response to?an U.S. Mike Waltz, the U.S....
U.S. military said Monday that it had destroyed six Iranian small boats, intercepted Iranian drones and cruise missiles fired by Tehran and launched an operation to 'free...
SAC, the operator of Sicily’s Catania Airport, announced?on Monday that it had?launched a?process for selling a stake of?at least 51% of the company. Catania, Sicily's principal airport,...
Wall Street's major indexes fell on Monday as conflicting reports about a U.S. Warship near the Strait of Hormuz exacerbated tensions in the Middle East and dampened...
Authorities said that a fire broke out in a?major UAE zone of the oil industry on Monday following a?drone attack from Iran. The Gulf?state's?military intercepted separately three?Iranian?missiles...
United Kingdom Maritime Trade Operations, (UKMTO),?said Monday that it received a report about a 'cargo vessel' incident which occurred 36?nautical -miles north of Dubai in the United...
A think tank near the government stated on Monday that high?global oil?prices will not boost Russian economic growth in this year, as new sanctions from the West...
Spirit Airlines, the bankrupt discount airline that ceased operations last Saturday, has asked for approval to pay retention bonuses to its remaining employees. It also said it...
The foreign ministry in Seoul reported that there was a fire on a ship operated by a South Korean?shipper HMM on Monday in the Strait of Hormuz....
Frontier Airlines shares and JetBlue Airways' rose after rival Spirit Airlines closed shop on Monday. The rise in the share price of these carriers is a sign...
S&P 500, the blue-chip Dow and the benchmark S&P 500 both fell on Monday. Investors were weighing the heightened concern over the Middle East conflict with the...
Saudi Arabian state oil producer Saudi Aramco has held its official selling prices for liquefied petroleum gas in May, while Algerian Sonatrach cut it by up to...
U.S. Treasury?Secretary Scott Bessent urged China on Monday to step?up diplomatic efforts to convince Iran to open up the Strait?of Hormuz for international shipping. He added?that this...
A source familiar with these data reported that Kazakhstan, which is responsible for more than 2% of the world's oil production, increased oil and gas condensate output...
A. K. Singh, the chief executive of India's largest?gas importer Petronet LNG, said that he expects to recieve his full contracted amount from Qatar once the?political situation?...
Wall Street's major indexes are on course for a choppy opening on Monday, as 'heightened investor anxiety' over the Middle East conflict has tempered optimism following last...
Kyiv reported on Monday that Russia had stepped up its attack against Ukrainian port infrastructure this year. It used?more 800 drones to carry out its attacks, which...
Frontier Airlines shares and JetBlue Airways shares rose in premarket trade on Monday after rival Spirit Airlines closed shop. This fueled hopes that the carriers could capture...
On Monday, there were no signs that?increased vessel?traffic through the Strait?of Hormuz had increased. This was a day after?President?Donald Trump announced the U.S.'s intention to begin efforts...
Wall Street futures were volatile on Monday following?conflicting news reports about a?U.S. The presence of a warship in the Strait of Hormuz has heightened investor anxiety about...
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