Globalization was built on the quiet assumption of frictionless trade — the idea that, due to technological advancements in ...

President Trump announced the U.S. would "guide" ships not involved in the war with Iran out of the Strait of Hormuz. A ...

One day, I got a call from Peter Bahouth, a former Greenpeace honcho whom Ted Turner had swiped to run his grant-making ...

Europe could face a jet fuel shortage within three weeks if flows through the Strait of Hormuz remain restricted, according to the region’s airport industry group. ACI Europe warned that a continued ...

NEW YORK (AP) — A looming jet fuel shortage in Europe and Asia sparked by the Iran war and the effective closure of the Strait of Hormuz could further upend world travel within weeks if oil doesn't ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. While carriers in Asia and Europe are managing the oil crisis by rationing jet fuel and ...

Airlines are cutting routes this summer as they face rising jet fuel costs amid the Iran war. Air Canada, Delta, and other airlines said Friday that certain routes will be impacted. "The spike in oil ...

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PARIS—For more than a month, the war with Iran has choked off one of the world’s most critical sources of jet fuel, triggering a swift and dramatic shortage across the aviation world. Airlines, ...

EU to encourage sustainable, synthetic fuels for supply resilience EU to clarify compensation rules for airlines during fuel shortages Commission rejects airlines' calls to suspend emissions trading ...

A looming jet fuel shortage in Europe and Asia sparked by the Iran war and the effective closure of the Strait of Hormuz could further upend world travel within weeks if oil doesn't start flowing ...

If tankers do not soon begin crossing the Strait of Hormuz, airlines in Europe may not have enough jet fuel to operate all of their flights. By Niraj Chokshi The war in Iran has forced airlines to ...