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02.10.26 - 16:48
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Why Qatar Airlines Gets Cheaper Jet Fuel Outside of the Middle East (Bloomberg)
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Why does an airline like Qatar Airways need to source jet fuel outside of its own oil-rich region?
David Kang, former group treasurer at Qatar Airways, joins Tracy Alloway and Joe Weisenthal on the Odd Lots podcast to discuss why the company often gets a better deal on jet fuel by looking outside of its own national petroleum provider. (Source: Bloomberg)...
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02.10.26 - 07:01
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US Adds Carrier and 10,000 Troops to Mideast (Bloomberg)
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The Pentagon is deploying an additional aircraft carrier and 10,000 sailors and Marines to the Persian Gulf, according to a US official, a move that gives American commanders more options if President Donald Trump chooses to escalate attacks on Iran. Bloomberg's Stuart Livingstone-Wallace has the latest. (Source: Bloomberg)...
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02.10.26 - 04:31
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Oil prices soar to $103 per barrel again as Middle East supply concerns intensify (Times of India)
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Recent developments have led to a surge in oil prices, largely driven by new restrictions placed on Chinese fuel exports. This, combined with reports of increased US military presence in the Middle East, has heightened concerns over supply stability. Following the escalation of conflict between the US and Israel regarding Iran, both Brent and WTI crude prices have risen sharply....
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01.10.26 - 20:45
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Oil Soars As US Sending 10K More Troops, 3rd Carrier, To Mideast After Trump Threatens Post-Midterm Bombing (ZeroHedge)
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Oil Soars As US Sending 10K More Troops, 3rd Carrier, To Mideast After Trump Threatens Post-Midterm Bombing
Signs of potential major escalation, or the next round at least (which Trump has hinted will come after the midterm elections), just hit The Wall Street Journal, and sent oil prices soaring. A quick summary:
The Pentagon is sending a third aircraft-carrier strike group and additional Marine Corps ships to the Middle East, adding 9,000 to 10,000 more troops to the region.
The ships, jet fighters, Marines and sailors will arrive in the region by the end of November, as President Trump considers renewing strikes on Iran after the midterm elections.
The additional servicemembers will add to the more than 50,000 troops already in the region, with the deployments coming after Trump rejected Iran's latest proposal for a seven-day ceasefire.
The Trump administration is deploying a third aircraft carrier to the Middle East along with additional Marines, an American official also told Israeli ...
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