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MIDDLE EAST CONFLICT IMPACT ON FLIGHTS
Air India extends cancellation of Saudi Arabia flights till Oct 20Air India has announced a further extension of its flight cancellations to Saudi Arabia, now lasting until October 20, amid escalating conf...- WTO chief sees lasting impact on trade from Middle East war and geopoliticsThe World Trade Organization projects significant declines in both imports and exports due to these challenges. Companies are revising thei...
- Oil edges down as investors weigh possible US sanctions on 'shadow fleet'Following recent geopolitical tensions and fluctuating investor sentiment, oil prices have seen a downward trend. Brent crude futures suffe...
- IndiGo cancels Saudi Arabia flights until October 24; Akasa Air extend suspensionsIndian airlines like Air India, IndiGo, and Akasa Air have suspended flights to Saudi Arabia due to ongoing tensions. IndiGo has announced ...
- Air India tightens spending controls as it battles losses and high fuel costsAir India is forming a dedicated team to identify cost-saving opportunities in operations while facing significant challenges. The airline ...
- Saudi Aramco administrative building at Dhahran headquarters attackedA limited fire broke out in an Aramco administrative building without injuries reported amid escalating tensions. The Saudi-led coalition c...
- Global Market: IMF warns of energy shock, AI correction risks to Asia's growth outlookThe IMF warned that Asia’s economic growth may slow to 4.4% in 2027 amid energy price shocks, Middle East conflict, AI market correction ri...
- Trump's oil jawboning loses punch as wars spiralDonald Trump’s ability to talk down oil prices is fading as the Iran war drags on and regional violence continues. Despite a recovery in oi...
- Airspace curbs impact on Air India worse than last year: OfficialThe Tata Group-owned airline has been taking longer routes for its European and North American flights since early last year following the ...
- Houthis' attack on Saudi's Riyadh airport kills 12, injures over 300 as conflict escalatesA missile attack on Saudi Arabia's King Khalid International Airport in Riyadh killed 12 people and injured over 300, civil aviation author...
- Oil Price Today (October 12): Crude oil dips to $103 despite simmering Iran war tensions. Here’s whyBrent crude futures declined $1.42, or 1.36%, to $103.35 a barrel, while US West Texas Intermediate crude fell $1.42, or 1.60%, to $90.42 a...
- Gold steady as markets strap in for inflation dataGold prices showed little movement as early Asian trading commenced, with many awaiting US inflation data this week. Spot gold remained ste...
- Iran-US war to erupt again? Donald Trump threatens to join Saudi strikes after capital Riyadh airport attacked killing 12US-Iran war: Fighting in neighboring Yemen between the Houthis and Saudi-backed Yemeni government forces has escalated with a major militar...
- Putin relays Iran's peace stance to Trump: KremlinPutin met Iranian President Masoud Pezeshkian on the sidelines of a summit in Turkmenistan earlier this week, where the Russian leader expr...
- India to be fastest-growing large economy at 7.3% in 2026 as global trade slows to 4%, says UNCTADGlobal trade is projected to grow by 4% in 2026, which is slower than the 4.4% expansion in 2025. Increased trade values are driven by risi...
- Global trade to grow 4% in 2026, slower than 4.4% in 2025: UNCTADGlobal trade is projected to grow by 4% in 2026, although slower than the previous year. The report indicates higher trade values resulting...
- US consumer sentiment deteriorates further in OctoberThe University of Michigan's Surveys of Consumers said its Consumer Sentiment Index dropped to 46.3 this month from a final reading of 48.1...
- Akasa Air announces new fuel surcharge amid rising ATF prices; check how much passengers will payStarting October 9, Akasa Air will implement a fuel surcharge on domestic flights, with charges between Rs 375 and Rs 1,150 based on distan...
- Oil Price Today (October 8): Crude oil jumps 2% to $102 amid rising attacks on ships in Middle East. What lies ahead?Oil prices climbed on Thursday, with Brent crude surpassing $102 a barrel as Middle East tensions and attacks on Gulf shipments heightened ...
- IMF reaches staff deal with Pakistan, potentially unlocking $1.2 billionThe International Monetary Fund has achieved a staff-level agreement with Pakistan for its lending programs. This agreement could potential...
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