Middle East conflict may hurt aviation sector - Asia News NetworkAsia News Network


by Asia News Network

Asia News Network— The rising geopolitical tensions in the Middle East could result in potential jet fuel price hikes and lower passenger traffic, and no aviation player will be spared if a full blown war erupts in the region.

www.breakingthenews.net—Cryptos drop over 4% as Middle East conflict intensifies. Major cryptocurrencies lost footing on Friday, tumbling more than 4% as the crisis in the Middle East seemingly affected the appetite for risky assets.The geopolitical tensions in the region intensifi

Time News—The UN chief warns that the Middle East is on the brink of a "large-scale regional conflict".. 2024-04-19 05:35:17 A. Guterres also indicated that Israel’s military offensive against Hamas attackers in the Gaza…

The Guardian—Oil price could exceed $100 a barrel if Middle East conflict worsens, World Bank warns. Increase in cost of crude could drive inflation up and force central banks to keep interest rates high• Business live – latest updatesA serious escalation of tensions in the Middle East would push the price of oil above $100 (£80) a barrel and reverse the recent downward trend in global inflation, the World Bank has said.The Washington-based institution said the recent fall in commodity prices had been levelling off even before the recent missile strikes by Iran and Israel – making interest rate...