Tensions and diplomacy are moving side by side as Iran’s Foreign Minister Abbas Araghchi arrived in Saint Petersburg on Monday for high-level talks with Russian President Vladimir Putin. The visit comes at a critical moment, with fragile peace efforts between Iran and the United States facing new setbacks. Araghchi’s trip to Russia follows a wave […]
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The global aviation industry is bracing for a prolonged jet fuel crisis, even as the critical Strait of Hormuz begins to reopen following weeks of geopolitical tension. According to International Air Transport Association Director General Willie Walsh, the road to recovery will not be immediate. While the reopening of this key oil transit route brings […]
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Global oil markets jolted sharply on Thursday after Donald Trump signaled that the United States would continue its military operations against Iran, without offering a clear timeline for when the conflict might end. The uncertainty has intensified fears across financial markets, particularly around prolonged disruptions to global oil supply. Benchmark crude prices reacted immediately. Brent […]
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