Oil Rises, Government Bonds Fall as Trump Steps Up Threats Against Iran - WSJ

Oil Rises, Government Bonds Fall as Trump Steps Up Threats Against Iran  WSJ

AirAsia X hikes ticket prices by 40%, cut capacity by 10% as Iran war hits fuel costs

Southeast Asia’s largest low-cost carrier AirAsia X said on Monday it was raising ticket prices by as much as 40 per cent and cutting routes to cushion the impact of the war on Iran, but stressed demand for flights remained high. The Malaysia-based no-frills airline said about 10 per cent of its overall flights had been cut so far. It has raised fuel surcharges by about 20 per cent, while fare prices have increased between 31 per cent and 40 per cent. Average jet fuel costs have soared to abo...

By Agence France-Presse

Saudi raises Arab Light crude to record premium as Iran war disrupts markets

Saudi Arabia has significantly increased its crude oil prices for Asian buyers amidst escalating Middle East tensions. This move, as global energy flows face disruption, sees Arab Light crude set at a record premium. Meanwhile, threats and counter-threats between the US and Iran have pushed oil prices well above $100 per barrel, impacting fuel costs worldwide.

By TOI BUSINESS DESK

Iran reviewing peace proposal, official says

Follow developments in the Middle East as Iran says it is reviewing a peace proposal but will not reopen the Strait of Hormuz for a "temporary ceasefire".

Oil prices little changed, investors awaiting clarity on ‘peace talks’

Oil prices were little changed in choppy trade on Monday, as investors awaited clarity on the status of talks between the U.S. and Iran even as they remained wary about sustained supply losses due to shipping disruptions. Brent crude futures LCOc1 rose 76 cents, or 0.7%, to $109.79 a barrel at 0656 GMT. U.S. West […]

Pakistan shares ceasefire framework to end US-Iran war: source says

Source states CDC Munir has been in contact with US VP Vance, special envoy Witkoff, Iranian FM Araghchi

By Reuters