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MIDDLE EAST WAR IMPACT ON TRAVEL
Xi Jinping urges BRICS to stand on ‘right side of history’, calls for peace in Middle EastChinese President Xi Jinping urged BRICS nations to champion peace and stability globally. He specifically highlighted the ongoing Middle E...- Saudi Arabia faces fresh Red Sea threat as Houthi gains, pipeline shutdown rattle kingdomHouthi rebels are advancing, threatening a vital Red Sea shipping route. Drone attacks have forced a major pipeline closure, impacting glob...
- BRICS 2026: UN chief Guterres meets PM Modi; discusses West Asia, Ukraine conflictsUN Secretary-General Antonio Guterres met Prime Minister Narendra Modi in New Delhi ahead of the BRICS summit to discuss conflicts in West ...
- Oil tanker rates hit record highs following Iran, US shipping attacksOil shipping rates from the Gulf of Oman to China have reached record highs this week. This surge follows recent attacks on shipping and mi...
- Europe saw record summer air traffic despite Mideast war: EurocontrolEurope experienced its busiest summer holiday air traffic ever this year. A daily average of 35,959 flights operated across the continent. ...
- Iran-backed Houthis seize Yemen’s entire Red Sea coast, three strategic islandsThe Iran-backed Houthis seized control of Yemen's entire Red Sea coast and captured three strategic islands on Friday, in a lightning offen...
- Trump rejects Saudi request for strikes on Houthis: AxiosThe Iran-backed Houthis, who have for years controlled large parts of northern Yemen, launched a large-scale offensive last week against Sa...
- IMF says India remains growth engine for world, monitoring impact of higher oil pricesIndia's economy stands out as a powerhouse of global growth, as noted by the IMF. The second quarter showcased an impressive 7.8% growth, s...
- IMF say global growth on track to reach 3% in 2026, but risks remain highThe global economy has weathered the energy shock better than feared. Economic output is still expected to expand by about three percent in...
- India hosts BRICS summit as Iran war tests bloc unityIndia hosts the BRICS Leaders' Summit this weekend seeking to boost its global profile. The summit faces challenges due to the Iran-UAE con...
- Nestle CEO says Middle East conflict driving inflation, higher supplier costsNestle is increasing prices and reducing product offerings to manage rising costs. Higher energy and raw material expenses are impacting su...
- Iran seizes US submarine drone, Houthis hit four Saudi citiesThe escalation of hostilities in the region bordering Yemen is already deepening worries about additional supply disruptions as energy ship...
- Shipping traffic via Strait of Hormuz stays below 10-day average, data showsSix commodity vessels transited the Strait of Hormuz on Tuesday, a decrease from the previous day. Meanwhile, twenty-five commodity vessels...
- Global Market: Goldman lifts brent, WTI forecasts as Hormuz shipping risks mountGoldman Sachs has raised its Brent and WTI crude price forecasts by $5 a barrel for December 2026 and 2027, citing prolonged Middle East sh...
- Oil rises as risks of prolonged Mideast conflict heighten supply worriesOil prices surged on Tuesday as tensions in the Middle East escalated. Iran's warnings of potential retaliation fueled concerns over supply...
- US sanctions leave Iranian students scrambling to take English exams abroadUS sanctions have suspended essential English proficiency exams within Iran. Many Iranian students now face significant financial burdens t...
- Glass, PET keep spirits high amid can shortageIndian beverage firms are increasingly using glass and PET bottles for packaging. This shift occurs as the West Asia conflict disrupts alum...
- Oil Price Today (September 7): Crude oil approaches $100 as US, Iran strikes hit oil vessels in Hormuz. Experts weigh inThe latest escalation came on Saturday when U.S. forces struck three Iranian oil tankers, according to U.S. Central Command. One of the ves...
- Oil extends gains after US and Iran strike shipsOil prices experienced a significant rise on Monday, following a spike in tensions between the US and Iran. The US struck three Iranian oil...
- OPEC+ set to keep oil output policy unchanged on Sunday, sources sayOPEC+ is expected to keep its oil output policy unchanged for October. The group needs to agree new quotas before deciding future output st...
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