United Airlines to cut more flights as it eyes elevated oil pric

United Airlines Cuts Flights as Iran War Fuels Airfare Fears United Airlines is proactively adjusting its flight schedule, reducing capacity by 5% in the coming quarters, as the ongoing conflict in Iran sends shockwaves through global oil markets and threatens to significantly increase jet fuel costs. This move comes as the airline anticipates a prolonged … Read more

Trump invokes Pearl Harbor in front of Japanese prime minister to defend Iran attack secrecy

Trump’s Pearl Harbor Remark Strains US-Japan Relations Amidst Iran Tensions A recent meeting between U.S. President Donald Trump and Japanese Prime Minister Sanae Takaichi was marked by an unusual exchange, as Trump invoked the 1941 attack on Pearl Harbor although defending his decision not to inform allies about the recent strikes against Iran. The comment, … Read more

Bank of Japan keeps rates steady as expected, warns Iran war may push up inflation

Bank of Japan Navigates Inflationary Risks Amidst Geopolitical Uncertainty The Bank of Japan (BOJ) held steady on interest rates at 0.75% on Thursday, but signaled growing concern over inflationary pressures fueled by the ongoing conflict in the Middle East. The decision, supported by eight of the nine board members, comes as Japan grapples with rising … Read more

Oil loading operations at UAE’s Fujairah have resumed: edia reports

Fujairah Oil Port Resumes Operations Amidst Escalating Middle East Tensions Oil loading operations at the Port of Fujairah in the United Arab Emirates have resumed following a brief suspension caused by a drone strike and subsequent fire on Saturday, March 14, 2026. The incident underscores the growing vulnerability of critical energy infrastructure in the region … Read more

Three more ships struck in the Gulf as Iran warns of oil hitting $200

Strait of Hormuz Crisis: Oil Prices Soar as Iran Targets Shipping The strategically vital Strait of Hormuz is at the center of escalating tensions, with Iran targeting commercial vessels in response to recent U.S. And Israeli strikes. This has led to a near halt in shipping traffic and a surge in oil prices, raising concerns … Read more

STOXX 600, DAX, CAC, FTSE, Iran news latest

European Markets Wobble as Iran Conflict Escalates, Oil Supply Fears Loom European stock markets opened lower on Wednesday, March 11, 2026, as investors reacted to intensifying military operations in the Middle East. The pan-European Stoxx 600 index was down almost 0.8% shortly after the opening bell, with Germany’s DAX experiencing a more significant drop of … Read more

U.S. forces sink 16 Iranian minelayers as reports say Tehran is mining the Strait of Hormuz

U.S. Forces sunk 16 Iranian ships, including 16 minelayers, on Tuesday near the Strait of Hormuz, according to U.S. Central Command. This action followed reports that Tehran was attempting to mine the critical waterway. Rising Tensions in the Strait of Hormuz The U.S. Response came after President Donald Trump stated via a Truth Social post … Read more

The Iran war puts the brakes on next Bank of England rate cut

Iran War Throws Bank of England Rate Cut Into Doubt The Bank of England (BoE) is facing a tough decision regarding interest rates following the recent escalation of conflict in Iran. Prior to the crisis, a rate cut in March or April appeared highly probable. Although, economists now predict a pause, citing concerns over surging … Read more

South Korea’s fuel price cap in response to oil price surging

South Korea Braces for Economic Fallout as Iran Tensions Surge South Korea is taking decisive action to shield its economy from the escalating crisis in the Middle East, announcing a fuel price cap for the first time in three decades. The move comes as oil prices soared on Monday, fueled by conflict involving Iran and … Read more

South Korea’s Kospi sinks, triggering circuit breaker amid broader Asia market rout

Global Markets Reel as Iran Conflict Escalates, Oil Surges South Korea’s Kospi triggered its second circuit breaker in four sessions on Monday, leading a broader regional sell-off as oil prices breached $100 per barrel for the first time since 2022. The index plunged over 8%, triggering a 20-minute suspension in trading. Asian Markets Experience Sharp … Read more