Belarusian President Alexander Lukashenko expresses support for complete global nuclear disarmament, citing the inevitability of destructive conflict if all nations pursue nuclear weapons.
International Airlines Group expects to spend £1.7bn more on fuel than planned since US-Israeli attack on IranBusiness news – live updatesThe parent company of British Airways has warned of lower profits and said it expects to spend about €2bn (£1.72bn) more on fuel than planned this year due to the Iran war.International Airlines Group (IAG), which also owns Aer Lingus, Iberia and Vueling, said it has hedged 70% of its expected fuel use for this year with costs expected to be about €9bn, up from previous forecasts of €7.1bn. Continue reading...
International Airlines Group expects to spend £1.7bn more on fuel than planned since US-Israeli attack on IranBusiness news – live updatesThe parent company of British Airways has warned of lower profits and said it expects to spend about €2bn (£1.72bn) more on fuel than planned this year due to the Iran war.International Airlines Group (IAG), which also owns Aer Lingus, Iberia and Vueling, said it has hedged 70% of its expected fuel use for this year with costs expected to be about €9bn, up from previous forecasts of €7.1bn. Continue reading...
International Airlines Group expects to spend £1.7bn more on fuel than planned since US-Israeli attack on IranBusiness news – live updatesThe parent company of British Airways has issued a profit warning and said it expects to spend about €2bn (£1.72bn) more on fuel than planned this year due to the Iran war.International Airlines Group (IAG), which also owns Aer Lingus, Iberia and Vueling, said it has hedged 70% of its expected fuel use for this year with costs expected to be about €9bn, up from previous forecasts of €7.1bn. Continue reading...
Observers say pressure on IMO negotiations appears to be linked to countries that have invested heavily in gasAbout a fifth of the world’s oil and liquefied natural gas (LNG) passed through the strait of Hormuz, a strip of sea less than 30 miles wide at its narrowest point, before it was in effect closed by the US-Israeli attack on Iran, which sent the price of oil soaring and left an estimated 20,000 seafarers on 2,000 vessels stranded.Their plight has shone a spotlight on the complex and dirty relationship between shipping and the fossil fuel industry. The sector is one of the most polluting, with most ship engines fuelled by what has been called the dregs of the oil refining process, heavy and carbon-intensive diesel too filthy for any other purpose. Shipping produces about 3% of global greenhouse gases, a portion set to rise as trade globalises further. Continue reading...
Analysis of Iran's unexpectedly sophisticated public relations campaign during the US-Israeli conflict, featuring AI-generated cartoons, memes, and rapid-response messaging that has outperformed expectations of a rigid bureaucracy.
