Fuel
Israel cuts gasoline prices by 50 agorot after Smotrich approves temporary excise relief
Smotrich's order to lower gas prices will remain in effect until October 31, four days after Israel's 2026 election.
JD Vance: Only US can protect Strait of Hormuz, prevent global energy crisis
Second Gidon refueling aircraft arrives in Israel to boost IAF’s long-range reach
Moscow's fuel stations limit sales amid shortages linked to Ukrainian drone attacks on refineries
Spirit Airlines begins 'orderly' shutdown, cancels all flights
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.
Darkness at noon: Iran's control of the Strait of Hormuz is more devastating than nukes - opinion
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.
Iran war drives jet fuel surge, disrupts travel routes, testing European airlines
"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.
Two or three European airlines could go bankrupt because of fuel squeeze, says Ryanair CEO
Wizz Air called Ryanair’s bankruptcy suggestions “categorically untrue."
Nations to discuss fossil fuel exit as Strait of Hormuz blockade drives up prices
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.
Lufthansa cuts 20,000 flights as fuel costs surge, travel expert warns of more turmoil ahead
The company primarily targets less profitable routes from Germany’s two largest hubs. Affected passengers are being notified and offered alternative travel dates.
UK inflation hits 3.3% as middle east conflict drives fuel prices
EU warns of summer fuel shortages as Iran war drives global energy crisis
The EU is preparing measures to curb the impact the war is having on jet fuel supply, Jorgensen told reporters in Madrid.