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MIDDLE EAST CONFLICT AIRLINE TICKET PRICES
NY Fed says supply chain pressures eased in JuneGlobal supply chain pressures eased in June, with the New York Fed index falling to 1.25 as Middle East disruptions showed signs of easing....- Global Market: European shares steady as investors track deal activity; easyJet jumps on takeover proposalEuropean shares held steady as dealmaking took center stage, with a potential takeover of easyJet by Castlelake boosting travel stocks. Dec...
- OPEC+ to boost crude output, but can it deliver and who will buy?OPEC+ has boosted oil production quotas for the fifth consecutive month, raising questions about shipping capacity and buyer demand. While ...
- OPEC+ tipped to raise quotas again as Middle East calmsSeven OPEC+ nations, including Saudi Arabia and Russia, are poised to increase oil production quotas for August, aiming to recover from dis...
- Iran to impose new service fees in Hormuz, reserves special treatment for 'friendly' nationsIran's ambassador to China announced new service fees for ships transiting the Strait of Hormuz, despite US objections. Ambassador Abdolrez...
- Explained: Why aluminium is emerging as manufacturers' preferred alternative to copperRecord copper prices are accelerating manufacturers' shift toward aluminium, driven by lower costs and lighter weight. Automakers are expan...
- India's Godrej Consumer expects volume-driven first-quarter revenue riseGodrej Consumer anticipates a robust first quarter, projecting high-teen consolidated revenue growth driven by solid underlying volume incr...
- Tata Motors PV shares in focus as Iran-US conflict impacts JLR volumes in Q1. What's ahead?Tata Motors' luxury arm, Jaguar Land Rover, saw a significant 15.3% drop in retail sales for Q1 FY27. Disruptions from the Middle East conf...
- Air India cuts fuel surcharges for North America, Europe flightsAir India has significantly reduced fuel surcharges on flights to North America, Australia, Europe, and the UK, effective July 1. This move...
- Why are oil prices down today, and will Brent futures and US WTI crude prices continue to fall or rise again? Iran-US talks, Strait of Hormuz recovery and US inventory data keep crude market under focusOil prices declined as investors watched Iran-US talks, the recovery of shipping through the Strait of Hormuz, and upcoming US inventory da...
- Euro zone inflation falls more than expected, adding to ECB case for patienceEuro zone inflation dropped significantly in June, falling to 2.8% and easing pressure on the European Central Bank to hike interest rates ...
- IndiGo launches Lite fare with lower prices for cabin bag-only travellersIndiGo has introduced 'IndiGo Lite', a new budget-friendly Economy Class fare for travellers with just cabin baggage. This option, availabl...
- Asian airlines' Europe windfall fades as Gulf rivals reboundAsian airlines that benefited from higher fares and passenger numbers on European routes due to the Iran conflict are now facing declining ...
- Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...
- Asia's crude oil imports tick up in June but uncertainty reignsAsia's crude oil imports saw a slight June uptick but remain near decade lows, impacted by the Iran conflict disrupting Middle East shipmen...
- Tehran-Dubai flights to resume Monday: Iranian mediaFlights between Tehran and Dubai are set to resume on Monday, according to Iranian state media. This comes just weeks after Iran launched d...
- Cathay Pacific to reduce flight fuel surcharges from July 1Cathay Pacific Airways is set to reduce its fuel surcharges for most passenger flights starting July 1, following a dip in jet fuel costs. ...
- AirAsia X to keep lowering fares as jet fuel prices fallAirAsia X is slashing fares by 5% and reviewing prices weekly as jet fuel costs ease following a U.S.-Iran peace deal. The Malaysian budget...
- Australia relaxes Gulf travel advice in boost for Middle Eastern airlinesAustralians can now travel to the UAE, Qatar, Bahrain, Israel, and Kuwait. The government has eased travel warnings for these nations. This...
- 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...
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