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A total of 160 Greek seafarers are in the Middle East
WorldBBCFTCNN+26yle-uutisetnosukrainska-pravdaberlingskeSCMPtvn24delfi-ltdigi24+18 more22d ago29 sources

A total of 160 Greek seafarers are in the Middle East

The Greek government is closely monitoring the safety of seafarers as attacks on energy facilities in the region increase The post A total of 160 Greek seafarers are in the Middle East appeared first…

G7 releases record amount of oil stocks to 'calm the markets down'
BusinessAPReutersBBC+101bloombergNYTwsjFTle-mondewapoThe GuardianAl Jazeera+93 more28d ago104 sources

G7 releases record amount of oil stocks to 'calm the markets down'

G7 leaders have announced the record release of 400 million barrels of oil in response to the war in the Middle East. This represents about twenty days worth of usual oil traffic through the Strait of Hormuz, currently through dangerous to go through due to the threat of Iranian strikes. This initiative aims 'to calm markets down', as FRANCE 24's Philip Turle explains.

Airlines Adjust Strategies Amid Fuel Crisis and US-Iran War
Worldhotnewschannel-news-asia10d ago2 sources

Airlines Adjust Strategies Amid Fuel Crisis and US-Iran War

Wizz Air and Korean Air are both announcing strategy changes, including shifting to emergency mode and reallocating aircraft, in response to the fuel crisis and rising oil prices exacerbated by the ongoing US-Iran war.

Korean Air and Asiana Merger Progresses
BusinessKorea Herald1mo ago

Korean Air and Asiana Merger Progresses

Hanjin Group Chair Walter Cho calls for unity as Korean Air prepares for its merger with Asiana, aiming to usher in a new era for South Korea's largest air carrier.

Korean Air to Repurchase Catering Unit from Hahn & Co. for W750b
BusinessKorea Herald28d ago

Korean Air to Repurchase Catering Unit from Hahn & Co. for W750b

Korean Air is set to buy back its in-flight catering and duty-free retail business from private equity firm Hahn & Co. for 750 billion won ($503 million). This transaction occurs more than five years after Hahn & Co. initially acquired the unit during the COVID-19 pandemic.