Aviation will feel effect for the rest of the year ‘even if conflict ends t

Finlay Asher says the Iran war’s disruption to Middle East airspace could impact the aviation industry for months.

IEA countries to meet later Tuesday on release of oil reserves, but no decision made yet

The IEA's members are advanced economies in North America, Europe and Northeast Asia. They collectively hold about 1.2 billion barrels of oil in reserve.

Grikšas: valstybės pagalbą verslui imsimės derinti artimiausiu metu

Siekiant sušvelninti konflikto Artimuosiuose Rytuose poveikį šalies verslui, Lietuva su Europos Komisija (EK) artimiausiu metu pradės derinti galimas valstybės pagalbos priemones, kurios būtų panašios į galiojusias pasaulinės koronaviruso pandemijos metu.

HSBC CEO confident in Gulf amid Middle East tensions – report

Pound rises against dollar amid Middle East tensions and falling oil prices

The pound rose against the dollar on Tuesday as hopes for a de-escalation in the Middle East conflict pushed oil prices lower and eased inflation concerns for Britain’s import-dependent economy. Sterling GBP=D3 gained 0.1%, reaching $1.3454 against the dollar. It was slightly lower versus the euro at 86.52 pence. EURGBP= “The UK fundamentals are pretty […]

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Global energy body discusses releasing strategic oil reserves

Member states of the International Energy Agency (IEA) met on Tuesday for crisis talks to assess security of supply and the potential release of emergency stocks as the Middle East war roils markets, the body's chief said. The post Global energy body discusses releasing strategic oil reserves appeared first on Vanguard News.

By Emmanuel Okogba