Jet fuel prices soared to $3.93/gallon after a Middle East conflict disrupted supplies, raising costs for U.S. airlines despite strong booking demand.

Iran seeks return of three seized tankers from India in exchange for safe passage through the Strait of Hormuz for Indian oil and gas carriers.

A Middle East conflict closed the Strait of Hormuz, disrupting global fertilizer shipments and threatening U.S. farm production.

Jeff Bezos explores $100B AI-driven fund to modernize manufacturing, targeting aerospace, defense, and chipmaking.

Multiple states allege Live Nation stifled competition and raised ticket prices, pushing antitrust trial forward.

India mandates 60% of domestic flight seats be free to improve affordability and transparency.

Australia forms fuel taskforce amid shortages and probes into major suppliers' practices.

UK to boost domestic steel to 50% of demand by 2030 with import cuts and £2.5B in support.

UK inflation may hit 3.5% by late 2026, pushing mortgage costs up and worsening financial strain.

Japan seeks more LNG from Australia as Middle East tensions disrupt key energy supplies.