Russia says Kazakh oil flow to Germany via Druzhba will stop on May 1
Berlin says the interruption should not threaten fuel supply, even as Russia cites technical limits for rerouting Kazakh crude.
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397 reports.
Lufthansa trims Europe flights as fuel prices surge
Lufthansa is cutting 20,000 short-haul European flights this summer after jet fuel prices doubled during the US-Israel war with Iran.
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U.S. stocks hit records after Trump extends Iran ceasefire
The S&P 500 and Nasdaq closed at record levels as investors responded to President Donald Trump’s decision to extend the U.S. ceasefire with Iran.
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Oil slides and Wall Street jumps after Iran reopens the Strait of Hormuz
Benchmark crude fell sharply and U.S. stocks hit records on April 17, 2026, after Iran said the strategic waterway was open again to commercial shipping.
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BBC prepares up to 2,000 job cuts in biggest scaling back in 15 years
The broadcaster's cost-cutting plan follows a warning that it faces significant financial pressures and needs to reshape spending.
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Iraqi Airways set to restart Dubai and Istanbul flights as airspace reopens
Iraq's transport ministry said the carrier will fly to Dubai on Thursday and Istanbul on Saturday after a phased return of traffic.
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Iberia to suspend Cuba flights for four months as fuel shortages hit travel demand
The Spanish carrier will halt its Havana route from June to October, citing supply problems and weaker demand on the island as Cuba struggles with an acute fuel crunch.
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Fuel-price protests spread across Ireland and Norway as shortages deepen
Drivers, hauliers and farmers have blocked roads and ports in Ireland, while Norwegian truckers staged a convoy protest in Oslo.
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South Korea Passes ₩26.2 Trillion Budget to Cushion War Shock
South Korea approved a supplementary budget worth about ₩26.2 trillion, including cash aid for 35.8 million people and energy support measures aimed at softening the spillover from the Middle East conflict.
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Saudi oil output hit by strike on key pipeline infrastructure, CNBC reports
Saudi Arabia’s East-West Crude Oil Pipeline has been hit by an attack that cut throughput by 700,000 barrels a day, intensifying concern over regional supply disruptions.
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Gulf Air starts moving back to Bahrain as airspace reopens
After relocating part of its operation to Dammam during the regional airspace shutdown, Gulf Air says services to Bahrain will resume gradually.
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Oil prices rebound as traders question ceasefire durability
Oil markets recovered sharply as traders doubted the Iran ceasefire and shipping through the Strait of Hormuz remained limited.
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Oil Drops Below $95 as Ceasefire Eases Market Fear
Oil prices fell below $95 a barrel and global stocks rallied after President Donald Trump announced a two-week ceasefire with Iran, though the truce remained fragile.
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Trump threatens 50% tariffs on countries supplying military weapons to Iran
The president said the United States would levy a 50% duty on imports from any nation that supplies military weapons to Iran.
Read report »Hapag-Lloyd won't resume transiting Strait of Hormuz
Reporting dated 2026-04-08 documents the event and its immediate consequences, with unresolved points retained as attributed or provisional.
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Japan enacts record ¥122.3 trillion budget as expansionary policy takes shape
The upper house has approved Japan’s biggest budget in history, locking in higher spending on social security, education and defense despite worries over debt and the yen.
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AirAsia presses ahead with Bahrain hub plan as the Iran war upends regional aviation
AirAsia says it still plans to launch its Bahrain hub in June, even as the Middle East conflict disrupts air corridors and forces airlines to rethink their networks.
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OPEC+ raises output quotas again as wars and maritime risk keep markets unsettled
The producer group added 206,000 barrels per day for May while warning that damage to energy infrastructure and shipping routes is worsening volatility.
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Nepal shortens the working week as it tries to save fuel
The government is trimming the work week for offices and schools as fuel pressure linked to the Iran war filters into daily life.
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Pakistan makes public transport free in Islamabad as fuel shock ripples through the economy
Officials in Islamabad and Punjab are moving to blunt the impact of steep fuel price increases with free or subsidized state transport, while protests grow over the cost of living.
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U.S. crude climbs past $113 as oil markets absorb war risk and supply fears
Oil prices jumped to more than $113 a barrel while gasoline and diesel costs rose again, deepening concern that the conflict in the Middle East is feeding inflation at home.
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Chinese airlines raise domestic fuel surcharges as oil prices climb on war fallout
Air China, China Southern and XiamenAir are increasing domestic fuel surcharges after the war in the Middle East pushed up global oil prices.
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Pakistan raises fuel prices sharply as global energy costs surge
Pakistan’s government has sharply increased petrol and diesel prices after a spike in global energy costs linked to the Iran war.
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Somalia registers first commercial vessel under national flag since 1991
The Guney, identified by IMO number 8230417, became the first ship added to Somalia's revived national registry in more than three decades.
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