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MIDDLE EAST AIRSPACE UNCERTAINTY
Middle East oil and gas output will take months to fully recoverA landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already cau...
Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...
Emerging market bets split as global rate paths divergeInvestors are changing their strategies in emerging markets. Central banks in Indonesia, Hungary, and Poland are making different moves on ...
Global air travel demand to slow to 2.1% in 2026, IATA saysGlobal air travel demand is set to grow in 2026, but at a slower rate. The Middle East faces a significant contraction due to ongoing confl...
UK economy shrinks in April as Middle East war hitsBritain's economy contracted in April as the Middle East war hit growth, official data showed Friday, dealing a setback to Prime Minister K...
Japan's Nikkei jumps on renewed hopes for Middle East peaceJapan's Nikkei share average surged over 4% on Friday, driven by renewed hopes for Middle East peace after U.S. President Trump canceled pl...
IndiGo says it is monitoring Middle East situation, assures passengers on safetyIndiGo has issued a travel advisory for passengers flying to and from the Middle East, assuring them of its commitment to safety amidst evo...
US stocks slump after fresh sell-off in tech stocks; Nasdaq down over 1%Wall Street's major indices declined as weakness in technology stocks and escalating US-Iran tensions overshadowed inflation data that met ...
Why are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? US attack, Iran tensions, inflation fears and market reaction explainedWhy are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? Global markets moved in diff...
Emirates to offer incentives, safety assurances as Iran war hits travelEmirates plans incentives beyond lower fares to attract passengers concerned about the Iran war. The airline prioritizes reliability and cu...
Emirates will not cut flights despite Middle East war pressuresEmirates plans no capacity cuts despite regional conflict. The airline seeks more traffic rights for Berlin and wider expansion in Germany....
IndiGo shares gain 2% after analyst meet. Why Goldman, Morgan Stanley, others see up to 38% upside?IndiGo shares witnessed an uptick on Tuesday after its analyst meet, where management outlined strong long-term growth plans driven by risi...
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
Dollar hovers around two-month high as Iran-Israel truce hangs in balanceThe US dollar is strong, nearing a two-month peak. Middle East tensions are fueling demand for the dollar. Traders are also betting on the ...
Iraq reopens airspace after Iran ends operation against IsraelIraq reopened its airspace on Monday, the country's civil aviation body said, following Iran's announcement that it was halting its militar...
Global airlines slash 2026 profit forecast on fuel shock from Iran warThe global airline industry has significantly lowered its 2026 profit forecast due to rising fuel costs and disruptions from the Iran war. ...
IndiGo shares crack nearly 30% from peak. Will Iran war, soaring oil prices cause more turbulence?InterGlobe Aviation faces significant challenges in 2026 due to new FDTL norms causing pilot shortages and widespread disruptions. The Isra...
IndiGo shares fall as airline halts Manchester flights amid soaring operational costsIndiGo shares fell after it temporarily suspended its flights to Manchester from August 31 due to extended airspace restrictions and soarin...
IndiGo to suspend Manchester flights from Aug 31, return one leased Dreamliner amid rising costsIndiGo is pausing flights to and from Manchester starting August 31. This decision stems from prolonged airspace restrictions and increased...
Japan's Nikkei retreats from record peak as market gauges fragile Mideast peace talksThe Nikkei touched a record peak of 67,231.28 on Monday and posted a record closing high of 66,934.33, roughly 7% above the 25-day moving a...