According to the Financial Times, Europe's airport industry has sounded the alarm over impending jet fuel shortages. ACI has warned EU Commissioner Apostolos Tzitzikostas that systemic supply failures could hit within 3 weeks unless the Strait of Hormuz reopens.

Iran’s forensic authority says more than 3,000 people were killed during the war that began in late February, with a significant share of victims still undergoing identification before being returned to their families

As the International Energy Agency (IEA) warns—and as oil market executives confirm—the situation on the supply side is expected to worsen as the war continues

Especially for Iran’s reconstruction, expected proceeds from the Strait of Hormuz tolls should allow the IMF, World Bank and other multilateral and even private financial institutions to provide immediate funding for rebuilding destroyed infrastructure

Iran’s state-run Fars news agency reported Wednesday that tanker traffic through the Strait of Hormuz had been halted following what it described as an Israeli violation of the ceasefire agreement. A separate Iranian outlet, Press TV, citing unnamed sources, reported that Tehran would “punish” Israel over attacks against Lebanese Hezbollah carried out in breach of […]

The Energy Minister says a temporary ceasefire in key maritime routes could ease pressure on energy prices, while stressing that authorities remain on alert amid ongoing global uncertainty

The Kremlin says it welcomes the US-Iran ceasefire and hopes it will allow Washington to resume three-way peace talks on Ukraine, while Kyiv continues to push for a reciprocal truce with Moscow

France says over a dozen countries are preparing a coordinated mission to restore safe traffic through the Strait of Hormuz following a US-Iran ceasefire, while EU leaders welcome de-escalation and urge a lasting diplomatic agreement.

A last-minute two-week truce replaces earlier warnings of devastating attacks, as Washington and Tehran signal willingness to negotiate while conflict and uncertainty persist

Iran's new Supreme Leader, Mojtaba Khamenei, was incapacitated in the same strike that killed his father, Ali Khamenei in February 28th according to a diplomatic memo based on US & Israeli intelligence — Questions arise as to who is really leading the country

Brent crude hovered near 111 euros per barrel, up 0.7% from the previous session, while West Texas Intermediate settled around 115 euros, marking its highest close since June 2022.

Donald Trump issues stark warning to Iran ahead of a deadline for a deal, while Spain says U.S. pressure on NATO allies is pushing Europe to rethink its security strategy

The head of the International Energy Agency says the disruption to global energy supplies caused by the Strait of Hormuz blockade is more severe than previous major oil shocks, warning of rising prices and inflation pressures worldwide

The dilemmas facing Athens, the limited scope for intervention in Tehran, diplomatic initiatives, and the implications for the competitiveness of the Greek-owned fleet.