Latest news and articles about U.S.-Israeli war from NEX English
Oil prices fell by more than 3% today, erasing previous gains due to continued concerns over the uncertainty surrounding the U.S.-Israeli war developments in Iran. Despite reports suggesting a potential end to the conflict, markets remain tense.
Michael O'Leary, CEO of Ryanair, has warned of potential disruptions to aircraft fuel supplies in Europe starting in May due to the ongoing U.S.-Israeli war against Iran. The situation could impact between 10% and 25% of the airline's fuel supplies over the coming months.
Two Chinese container ships successfully crossed the Strait of Hormuz on Monday after a previous failed attempt on Friday, amid rising regional tensions. This movement follows the effective closure of the vital waterway since the onset of the U.S.-Israeli war on Iran on February 28.