War
Airports could face a jet fuel crunch within 3 weeks as airlines weigh flight cancellations
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 represents […]
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Rep. Ritchie Torres calls for probe into futures trades placed ahead of March pause on Iran hostilities
U.S. Rep. Ritchie Torres, a Democrat from New York, during an interview in New York, Jan. 28, 2025. Victor J. Blue | Bloomberg | Getty Images U.S. Rep. Ritchie Torres, D-N.Y., on Wednesday called for a federal probe into suspicious trading activity in oil and equity futures markets just before President Donald Trump’s announcement of […]
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Trump faces calls for removal over threats to wipe out ‘whole civilization’ in Iran
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 ousted […]
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Oil supply crunch will worsen in April, IEA warns as it weighs releasing more strategic reserves
International Energy Agency (IEA) Executive Director Fatih Birol gives a press conference in Brussels on March 6, 2026. Nicolas Tucat | Afp | Getty Images The coming month will see an intensification of the oil supply glut that has driven prices sharply higher since the start of the Iran war, according to the head of […]
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Evercore ISI predicts ‘inflection point’ is days away, plans to commit capital if S&P 500 drops to this level
A week of “maximum uncertainty” should deliver a key opportunity for investors, according to Evercore ISI’s Julian Emanuel. “We’re getting towards an inflection point where we would want to commit capital here,” the firm’s managing director said Monday on CNBC’s ” Fast Money .” Emanuel pinpoints next Monday, April 6, the day President Donald Trump […]
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Trump reverses course on Cuban oil blockade, allows Russian tanker to pass
U.S. President Donald Trump speaks to the media after departing Air Force One at Miami International Airport on March 27, 2026 in Miami, Florida. Nathan Howard | Getty Images U.S. President Donald Trump signaled he was reversing course on blocking oil shipments to Cuba on Sunday, saying he had “no problem” with any country sending in crude as a Russian tanker neared a Cuban port with […]
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British Airways to reward pilots for cutting fuel as airlines tackle higher costs
British Airways Airbus A380 Superjumbo passenger aircraft, spotted flying on final approach for landing on London Heathrow Airport runway in the United Kingdom. Nicola Economou | Nurphoto | Getty Images British Airways is offering a financial incentive to its pilots who reduce their planes’ fuel consumption, as the U.S.-Iran war continues to plague travel and […]
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Electronic warfare in the Persian Gulf: How GPS interference is disrupting the Middle East
The screen of a GPS attached to the dashboard of a vehicle as residents of Dubai face GPS disruptions on March 9, 2026, in Dubai. The United Arab Emirates decried that it was being targeted “in a very unwarranted manner” in the war, stressing it would “not partake in any attacks against Iran”, which has […]
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Jamie Dimon says Iran war makes Middle East peace prospects better in the long term
Key Points JPMorgan Chase CEO Jamie Dimon said the Iran war is risky in the short run but could improve the odds of a lasting Middle East peace. Dimon tied the peace calculus directly to economics, arguing that foreign direct investment flowing into the region will stall without stability. Speaking with Palantir executive Mike Gallagher […]
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