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Oil Supply

IATA Cuts 2026 Profit Forecast as $100 Billion Jet‑Fuel Shock Hits Airlines

Strait of Hormuz disruptions have driven jet fuel toward $152 a barrel and sharply reduced industry margins.

India Keeps Fuel Flowing by Tapping Reserves and New Suppliers

Ceasefire Talks Stall as U.S. Shoots Down Iranian Drones Targeting Strait of Hormuz

JetBlue Raises Second‑Quarter Fuel Forecast to $4.26–$4.36 and Lifts RASM Guidance

Central Banks Shift Toward Tightening as Oil Shock from US‑Iran Conflict Raises Inflation Risks

Bond Rout and Oil Spike Drag Bitcoin Back Into the High $70,000s

Fed Names Powell Temporary Chair as Warsh Awaits Swearing-In

Air India Slashes Summer International Schedule as Jet Fuel Costs Soar

Strait Closure Chokes Ship Fuel Supplies as Singapore Prices Soar

Germany's Pump Prices Slide to Two-Month Low as Tax Relief Falls Short

U.S. Gasoline Near $4.55 as JPMorgan Flags Rising Risk of $5

Diesel Hike Cut After Error as South Africa’s Fuel Prices Jump

Trump Pauses Hormuz Escort Mission To Pursue Iran Deal With Blockade Intact

Oil Jumps as U.S. Escorts Begin in Hormuz After Attacks on UAE and Ships

Alphabet Lifts 2026 AI Capex to $180–$190 Billion as Google Cloud Sales Surge

France Presses Fuel Sellers to Cut Prices as €50 Aid Opens This Month

Petrobras Raises Jet Fuel 18% and Natural Gas 19% as Oil Shock Hits Brazil

Italy Clears Housing Plan, Extends Fuel-Tax Relief Focused on Diesel

Europe Braces for Jet-Fuel Crunch as Hormuz Blockade Chokes Supply

Q1 Earnings: Exxon Tops Adjusted Forecasts as Middle East Turmoil Skews Oil Majors’ Results