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Europe is facing up to a painful vulnerability to drone warfareA Russian drone crash in Romania highlights Europe's struggle with modern aerial warfare. Drone incidents are now a near-daily occurrence a...
Ukraine-bound Russian drone crashes into Romanian buildingA Russian drone, part of an overnight attack on Ukraine, crashed into an apartment building in Galati, Romania. The incident injured two pe...
Drone incursions sow fear, chaos along NATO's Baltic and Finnish bordersMilitary drones are entering the airspace of Finland, Estonia, Latvia, and Lithuania. These incidents raise concerns about the war in Ukrai...
No massive flight cancellations expected this summer in France, minister saysFrench Transport Minister Philippe Tabarot anticipates minimal flight cancellations this summer despite potential jet fuel shortages, notin...
France preps aid for airlines hit by jet fuel price hikesFrance is preparing financial aid for airlines struggling with soaring jet fuel prices, Transport Minister Philippe Tabarot announced. The ...
Stranded by Spirit Airlines shutdown? JetBlue rescue fares, and booking stepsJetBlue Airways steps in after Spirit Airlines ceases operations. The airline offers $99 rescue fares for stranded Spirit passengers. JetBl...
Indian truckers fret as looming diesel hikes spur panic-buyingSoutheast India is experiencing significant fuel challenges, with motorists waiting in long lines as petrol and diesel become increasingly ...
Iran war may crush oil demand today, but send it soaring long termThe Iran war has caused a significant drop in global oil demand, with consumption plummeting due to supply disruptions and record-high fuel...
How the Iran war oil and gas supply shock compares with past disruptionsA major oil supply disruption is underway due to the US-Israeli war with Iran and the closure of the Strait of Hormuz. This event is the wo...
NATO intercepts Russian military aircraft flying over Baltic SeaNATO's response was swift as jets stationed at Siauliai Air Base in Lithuania were dispatched to monitor Russian bombers and fighters intru...
600 million barrels gone, gas +47%, jet fuel +100%: is the global energy crisis 2026 from US– Iran war about to trigger inflation shock and global recession?The global energy crisis 2026 is intensifying fast. Over 600 million barrels of oil supply are now lost, triggering a historic oil shock. T...
For a few billion dollars, Pakistan has landed in dire straitsPakistan is facing big economic stress after the UAE has demanded repayment of a multibillion-dollar deposit. This has strained the country...
What’s happening with Brent crude and African crude prices, and why physical oil hits $150 as Europe pays record premiums amid Strait of Hormuz disruption and global supply shock fearsBrent crude and WTI oil prices are under sharp focus as physical crude for Europe has surged near $150 a barrel, based on LSEG data. This g...
A panicked race for barrels grips global oil market, price up as much as $140Global oil markets are witnessing a severe physical crude shortage as Middle East disruptions trigger frantic buying and record premiums fo...
A panicked race for barrels grips the global oil marketA desperate scramble for immediately available oil supplies is occurring globally, with traders paying unprecedented prices for prompt carg...
Physical oil prices hit record highs near $150 a barrel as Hormuz crisis worsensEuropean and Asian refiners are paying record high prices of near $150 a barrel for some crude oil grades, far exceeding prices for paper f...
After Europe, now Russian warplanes target Alaska but get a perfect send-off by US fighter jets. F-16s, early warning plane push back these advanced strategic bombers and jetsAfter Europe, Russian warplanes approached Alaska, prompting the US to scramble fighter jets. NORAD deployed F-16s, KC-135 tankers, and an ...