Tag: war

A ‘systemic’ jet fuel shortage is brewing in Europe — and flights could be hit hard

[ad_1] Europe’s airline industry is at risk of a “systemic” jet fuel shortage in the next few weeks if the Strait of Hormuz blockade continues, with the potential of hundreds of flight cuts, according to experts. Claudio Galimberti, chief economist at Rystad Energy, told CNBC’s Ritika Gupta on “Europe Early Edition,” on Tuesday that the […]

U.S. and Iran could meet in Pakistan for peace talks next week: MS NOW

[ad_1] U.S. Vice President JD Vance, right, speaks during a news conference after meeting with representatives from Pakistan and Iran, as U.S. President Donald Trump’s son-in-law Jared Kushner, left, and U.S. Special Envoy to the Middle East Steve Witkoff watch, in Islamabad, April 12, 2026. Jacquelyn Martin | AFP | Getty Images The U.S. and […]

Here are all the ways the Iran war has affected the U.S. economy so far

[ad_1] In an aerial view, the Marathon Petroleum Corp’s Los Angeles Refinery is seen on April 02, 2026 in Carson, California. Justin Sullivan | Getty Images The Iran war is starting to show up in the U.S. economy in ways both obvious and not so much, with soaring energy costs leading the impact and potential […]

US destroyer interdicts two oil tankers attempting to leave Iran: Official

[ad_1] A US destroyer interdicted ​two oil tankers attempting to leave Iran on Tuesday, a day after President Trump’s blockade went into ‌effect, and instructed them to turn around, a US official said, speaking on condition of anonymity. The ships had left Chabahar port on the Gulf of Oman and were contacted by the warship […]

Airports could face a jet fuel crunch within 3 weeks as airlines weigh flight cancellations

[ad_1] Lufthansa Airbus A340 passenger aircraft as seen landing at Eindhoven Airport EIN during a rare charter flight, arriving from Athens, Greece. Nicholas Economou | Nurphoto | Getty Images Europe’s airport industry has warned that jet fuel shortages could hit within three weeks, disrupting summer travel and “significantly” harming the European economy. ACI Europe, which […]

Trump faces calls for removal over threats to wipe out ‘whole civilization’ in Iran

[ad_1] U.S. Rep. Alexandria Ocasio-Cortez, D-N.Y., speaks to the media outside the U.S. Capitol after the House of Representatives voted to pass President Donald Trump’s sweeping spending and tax bill, in Washington, July 3, 2025. Ken Cedeno | Reuters The reticence expressed by Democrats about removing President Donald Trump from office — even after he […]