Fuel

Strikes on refineries and gas facilities signal a new phase in the Israel–Iran war with systemic risks beyond the battlefield.

The collapse of Spirit, a company that helped keep fares lower in markets where it competed with major carriers, will result in thousands of job losses.

Does Washington not realize that Tehran is already holding the world hostage? Hegemony over Hormuz is the bomb – a weapon far more immediate and devastating than any nuclear arsenal.

"There is a risk that we'll see rationing of fuel supply, particularly in Asia and Europe," Willie Walsh, head of the International Air ​Transport Association, told Reuters.

Wizz Air called Ryanair’s bankruptcy suggestions “categorically untrue."

The gathering of ministers and officials in Santa Marta, Colombia, which starts on Tuesday, will focus on practical steps to shift economies away from fossil fuels.

The company primarily targets less profitable routes from Germany’s two largest hubs. Affected passengers are being notified and offered alternative travel dates.

The EU is preparing measures to curb the impact the war is having on jet fuel supply, Jorgensen told reporters in Madrid.