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AIRSPACE CLOSURE IRAN
Hegseth says the US controls the Strait of Hormuz, while also warning of bomb strikes on Iran’s 'key facilities'America is taking a firm stand in the Strait of Hormuz, demonstrating significant influence over this crucial maritime corridor. While Iran...- 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 airline chiefs to confront Iran war fuel shock at industry summitAirline leaders meet in Rio de Janeiro facing a major industry crisis. The Iran war is increasing jet fuel costs and disrupting flights. Th...
- 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...
- Kuwait partially resumes flights after Iranian attack on airport injures severalKuwait has halted all commercial flights following a drone attack on its international airport. Several people were injured in the incident...
- Oil Price Today (May 28): Crude oil surges nearly 3% after Iran says it targeted US airbase in retaliation for fresh American strikesOil prices surged as US strikes in Iran heightened fears of shipping disruptions through the Strait of Hormuz. Iran's Revolutionary Guards ...
- Oil Price Today (May 27): Crude oil hovers near $100 amid mixed cues on Iran war peace deal. What are experts saying?Brent crude prices remained volatile as U.S. strikes in southern Iran and mixed signals from President Trump over talks with Tehran kept tr...
- West Asia conflict may dent India Inc profitability by 200 bps: CrisilA prolonged West Asia conflict poses a risk to India Inc's profitability. Crisil Ratings predicts a significant drop in operating margins d...
- Hajj pilgrim numbers surpass 2025 arrivals despite Middle East warOver 1.5 million pilgrims have arrived in Saudi Arabia from outside the kingdom for the upcoming hajj, according to a Saudi official, excee...
- Iran has destroyed roughly $1 billion worth of US Reaper dronesIran has destroyed at least 24 MQ-9 Reaper drones operated by the US since the war began, with total losses possibly reaching 30, according...
- Air India’s cabin glow-up is fighting the pressure of a brutal money heatAir India is undergoing a significant fleet overhaul, investing $400 million in refurbishing cabins with new seats, entertainment systems, ...
- Air India terminates flights to multiple destinations as fuel price bitesAir India is cutting international flights for three months starting June. Soaring jet fuel prices are forcing the airline to suspend servi...
- Pakistan 'ditched' US despite playing peacemaker, helped Iran park planes at Nur Khan to escape attacksPakistan reportedly allowed Iranian military aircraft to park on its airfields to shield them from US airstrikes, a claim a senior Pakistan...
- Air India delays salary hikes, pushes cost cuts amid volatile FY26 outlookAir India is tightening its belt. Facing global challenges, the airline is cutting costs. This move comes after significant expansion. Mana...
- Air India turns to pay cuts and fewer flights as war worsens financial strugglesAir India is considering major cost-cutting steps amid the Iran war, including furloughs for nontechnical staff, salary cuts for senior exe...
- India summer travel shock: Flight tickets to Europe, Leh, Singapore see massive surgeIndian travellers are seeing airfares soar by 40-50% on many routes. This surge is driven by rising jet fuel costs and fewer available seat...
- Emirates' cash reserves, fuel hedging help airline ride out Iran war turmoilEmirates airline achieved a record $5.4 billion net profit, bolstered by strong cash reserves and effective fuel hedging. Despite disruptio...
- India's LPG consumption slides 16 pc in April amid West Asia conflictCooking gas LPG use in India saw a significant 16 percent drop in April. Supply issues stemming from the West Asia conflict impacted availa...
- Centre eyes Rs 5,000 crore relief, China’s Hotan route to ease airline stress amid Iran war: ReportThe Indian government is considering multiple relief measures for airlines facing high operating costs and reduced traffic due to the ongoi...
- Trump to send envoys to Islamabad as Iran rules out direct talksAmerican diplomats are heading to Pakistan for crucial ceasefire talks with Iran. This effort aims to de-escalate tensions and address the ...
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