Keywords: Middle East Conflict
South Korea is evaluating the possibility of expanding driving restrictions to the general public amid rising global oil prices, officials said on Monday. The measure would aim to manage energy demand as supply strains intensify due to the ongoing U.S.-Israeli conflict with Iran. Finance Minister Koo......
Europe’s top aviation safety regulator has expressed growing concern over risks to air travel as ongoing conflicts, particularly in the Middle East, continue to disrupt traditional flight paths. According to officials, the reduction in available air corridors has led to increased congestion in......
Asian airlines are cutting flights heavily from April 2026 as a spike in jet‑fuel prices pushes the region toward what analysts are calling the worst aviation crisis since the pandemic. The war between the United States, Israel and Iran, along with disruptions to oil flows through the Strait of Hormuz,......
Kuwait International Airport was hit by multiple drones early Saturday morning, causing significant damage to its radar system in the latest attack on the Gulf state's main aviation hub, the country's civil aviation authority said. Abdullah Al-Rajhi, spokesperson for Kuwait's Directorate......
The European Bank for Reconstruction and Development cautioned Tuesday that the ongoing Middle East conflict threatens economic growth across its regions. Higher energy costs, supply chain disruptions, and tighter financial conditions pose risks. Forecasts could drop 0.4 percentage points if oil prices......
Asian stock markets declined and oil prices rose on Thursday after Iran rejected a US-backed ceasefire proposal, dimming hopes for a swift resolution to the conflict now entering its fourth week. Japan’s Nikkei 225 slipped 0.3 percent, while South Korea’s Kospi dropped 1.9 percent. Hong......
Lawmakers in Norway are set to vote on proposals to reduce taxes on petrol and diesel as the country faces increasing fuel costs linked to tensions in the Middle East. The debate comes as global oil prices have surged בעקבות the ongoing conflict in the region, placing pressure on households and......
Australia has announced a temporary suspension of entry for travelers holding Iranian passports, citing heightened security and migration concerns linked to ongoing tensions in the Middle East. The measure, which will remain in place for six months, applies primarily to tourist and business visa holders. Government......
European markets surged Wednesday after reports of a US ceasefire proposal to Iran sparked hopes for de-escalation in the month-old Middle East conflict. The advance lifted travel and finance stocks while pushing oil below $100 a barrel. The STOXX 600 rose 1.3% to 586.73 points mid-morning in London,......
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