Asian aviation stocks plunge as Iran conflict forces airlines to cancel flights over Middle Eastern airspace
Shares in Singapore Airlines are down by 4.5%, while Qantas and Japan Airlines are down by 5.4% and 5.6% respectively.
Shares in Singapore Airlines are down by 4.5%, while Qantas and Japan Airlines are down by 5.4% and 5.6% respectively.
Indian state refiners and government officials met over the weekend to hammer out contingency plans for a crisis in Iran that has all but stopped flows through the Strait of Hormuz, a narrow waterway vital for roughly half of the nation’s oil imports.
"Reimagining Hollywood Glamour" was the event's dress code. Jenna Ortega, Kate Hudson, and Chase Infiniti all opted for warm neutrals.
Oil prices surged late Sunday with Brent crude briefly hitting $82.37, amid growing fears of Middle East supply disruptions as the Iran conflict escalates.
Amazon Web Services said on Sunday that connectivity from one of its UAE facilities went down after "objects" hit it and sparked a fire.
Louise Herrle said it was her third time trying to visit the area. Previous trips were canceled by the COVID-19 pandemic and the Hamas attack on Israel in October 2023.
In Karachi, police said that protesters briefly attacked the perimeter of the U.S. Consulate, but were later dispersed.
Abu Dhabi Securities Exchange and Dubai Financial Market will be closed on March 2 and March 3, the UAE Capital Market Authority said.
"There is, however, a risk that the OPEC+ decision is moot if flows do not resume through the Strait of Hormuz."
Netflix's rivals — Paramount owners Larry and David Ellison — had made a point of courting the President and other Republicans.
The bigger threat to U.S. companies may not be a data breach, but a coordinated campaign designed to make your employees stop trusting everything they see and hear.
We heard explosions from our hotel in Dubai, received emergency alerts, and watched our flight home get canceled.
Whoop CEO Will Ahmed clarifies security controversy after speculation about Susie Wiles wearing smartwatch during Trump meeting following Iran operation.
Wall Street has largely shrugged off geopolitical upheaval in recent years. But the United States’ war against Iran comes at a more precarious time for the stock market.
The US spent weeks establishing a massive military presence in the Middle East as Washington threatened Tehran with military action.
Prices of oil and other commodities are expected to jump when trading resumes on Sunday, but how long they will stay high will depend on what the United States, Israel and Iran do next.