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MIDDLE EAST FLIGHT DISRUPTIONS
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 ...- The 'biggest' risk to Asia’s economies isn’t over yet, IMF warnsThe IMF has warned that a prolonged Middle East war and renewed disruptions to energy production, shipping routes and critical infrastructu...
- 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 ...
- Oil Price Today (October 15): Crude oil dips to $105 despite rising Middle East tensions. Here’s whyBrent crude futures declined $1.50, or 1.41%, to $104.55 a barrel, while US West Texas Intermediate (WTI) crude futures dropped $1.02, or 1...
- Airlines suspend flights to Saudi Arabia until October 17Airlines have suspended flights to Saudi Arabia following an attack at Riyadh airport that injured multiple individuals. Indian carriers, i...
- 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 ...
- India’s Rs 34,284-crore Basmati trade gets a logistics boost with Iraq shipping planIREF has introduced a bulk-shipping initiative aimed at cutting freight costs for Basmati rice exports to Iraq. This initiative will lower ...
- 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...
- Brent commands a war premium as Middle East supply risks keep oil on edgeBrent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...
- World economic growth to slow to 2.6% in 2026, UN trade body saysGlobal economic growth is projected to slow to 2.6% in 2026 amid energy shocks from the Middle East crisis. Trade in goods and services is ...
- WTO ups goods trade forecast on AI boom amid Middle East disruptionsWorld merchandise trade volume growth was stronger than expected and is now projected to reach 3.9% in 2026, up from 1.9% in the WTO's base...
- Festive rush: Airlines hike fuel surcharge as ATF prices soarAirlines like Air India and Akasa Air have announced increased fuel surcharges for both domestic and international flights. The rise in avi...
- Flying gets costlier from October 9: Air India, Air India Express join Akasa Air in fuel surcharge hike; here's what you'll payIn a bid to manage escalating operating expenses amidst unpredictable global fuel costs, Air India and Air India Express will update their ...
- Saudi, UAE join Japan-led push to bolster Asian oil buffersSaudi Arabia and the United Arab Emirates are joining Japan's efforts to strengthen oil supply security in Southeast Asia. This collaborati...
- 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...
- EIA raises oil price forecasts as Iran war tightens global marketsThe EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East supply risks. Bren...
- Govt may consider ATF price stabilisation fund for airlines amid soaring fuel costsAmid increasing jet fuel prices, the Indian government is exploring options to stabilize aviation turbine fuel costs. The discussions invol...
- Haldia to revamp feedstock mix after Mideast war hit supplies, executive saysIn response to disruptions from the Middle East conflict, Haldia Petrochemicals Ltd is set to broaden its feedstock sourcing strategies. Cu...
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