Hormuz closure disrupts jet fuel flows and puts airlines under pressure
TUESDAY, APRIL 07, 2026
Iran’s closure of the Strait of Hormuz has disrupted nearly 21% of global seaborne jet fuel trade, hitting Asia, Europe and Africa hard and pushing airlines to raise fares, add surcharges and scale back services.
Oil rises as war disruption deepens and OPEC+ move offers little relief
MONDAY, APRIL 06, 2026
Oil prices opened higher as the US-Israeli war with Iran continued to disrupt supply, while OPEC+’s planned output increase offered little immediate relief
Iran ready to end war if security is guaranteed, president says
WEDNESDAY, APRIL 01, 2026
Iran’s President Masoud Pezeshkian says any deal to end the war must protect national security and Iranian interests as the conflict enters its second month
US LNG gains ground over Qatar amid Iran war disruption
SUNDAY, MARCH 08, 2026
Nikkei Asia reported that the closure of the largest LNG export terminal in the Persian Gulf amid the war with Iran has not only sent gas prices soaring, but has also opened the way for the United States, with its lower-priced gas, to emerge as a beneficiary and step up efforts to capture market share in Asia.
Middle East flight disruption prompts countries to plan citizen evacuations
WEDNESDAY, MARCH 04, 2026
Airspace closures across the region have grounded many commercial services, stranding tens of thousands of travellers and triggering emergency repatriation steps by governments worldwide.
Nisit Sindhuprai surrenders to police after fleeing four-year jail sentence over ASEAN summit protest
SATURDAY, NOVEMBER 08, 2025
Red-shirt leader Nisit Sindhuprai turns himself in after years on the run from a four-year sentence for leading protesters to disrupt the 2009 ASEAN summit