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21.03.26 - 04:06
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Airfares rise in China and beyond amid Gulf oil shock, with 9% increases feared (SCMP)
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Surging jet fuel prices amid the US-Israel war on Iran are pushing global airlines including Chinese carriers to raise fares, with an industry leader warning that prices could rise by up to 9 per cent if the energy crisis continues.
China Eastern Airlines, China Southern Airlines and at least two private Chinese carriers are among a growing list of global airlines that have raised fares since US-Israeli strikes on Iran started on February 28.
Global airfares could rise by 8 to 9 per cent if fuel......
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20.03.26 - 21:18
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Oil Surge Tied to Iran Tensions | Open Interest 3/20/2026 (Bloomberg)
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Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Oil is on track for another weekly jump as the US considers action targeting Iran's critical Kharg Island export hub. FedEx beats on earnings, but what does the growing Iran conflict mean for global business? Plus, US prosecutors charge a Super Micro co-founder in a massive scheme to funnel Nvidia AI servers to China, raising fresh concerns over export controls. Open Interest gets key insights from the CEO of one of Europe's largest defense contractors—and Mexico's Finance Minister weighs in on oil's global impact. (Source: Bloomberg)...
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