Airlines across the Asia-Pacific region have moved into an emergency defensive posture this week, implementing a wave of flight cancellations, steep fare hikes, and phased fuel surcharges.
Shares of InterGlobe Aviation, the parent company of IndiGo, came under significant pressure in afternoon trade as soaring global crude oil prices and escalating geopolitical tensions weighed heavily ...
BANGKOK - Thailand's tourism industry, a major driver of the economy, is under fresh pressure as US and Israel-led military action against Iran rattles energy ...
Explosions are reported on two more foreign tankers in the Persian Gulf killing at least one person, port authorities say.
The Strait of Hormuz, a narrow waterway off Iran’s coast now effectively closed by the war, is so vital for the global economy that governments are working on blueprints to speedily reopen it to oil ...
OilPrice.com on MSNOpinion
The Chokepoint Economy: What Happens When Everything Breaks at Once
The Iran War has closed the Strait of Hormuz and Bab el-Mandeb Strait, creating a dual-chokepoint crisis that is driving ...
Sensex and Nifty 50 faced a massive selloff today, tracking a broader decline in global markets after crude oil prices surged above $100 per barrel amid escalating tensions in the US-Iran conflict.
The Iran Revolutionary Guard Corps has responded to Trump's comments that the war in Iran would end soon, saying that they will "determine the end of the war". Tehran will not allow "one litre of oil" ...
The U.S. military says a KC-135 refueling aircraft supporting operations against Iran crashed in western Iraq, killing all six crew members. U.S.
The head of Iraq’s ports company said that 38 crew members of two foreign oil tankers were rescued after an Iranian attack set them ablaze in Iraq’s territorial waters in the Gulf. Also, three vessels ...
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