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‘There’s too much risk’: Britons on changing holiday plans amid Iran war
NEWS
5/12/2026

‘There’s too much risk’: Britons on changing holiday plans amid Iran war

Prospect of flight cancellations and petrol shortages prompt people to switch from air and road to rail and busThe Middle East crisis, now in its 11th week, has resulted in higher fuel prices for drivers and prompted fears of jet fuel shortages, rising air fares and cancelled flights.Given the uncertain outlook, prospect of higher travel costs and potential disruption, we asked whether people had changed their holiday plans. Continue reading...

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Guardian Business
‘Degree of complacency’: are supply chains prepared for impact of ongoing Iran war?
NEWS
5/10/2026

‘Degree of complacency’: are supply chains prepared for impact of ongoing Iran war?

The economic warnings are bleak, but full extent of shortages are still not felt for many European countriesThe biggest energy shock in modern history, jet fuel shortages “within weeks”, a global recession – since Iran throttled shipping flows through the strait of Hormuz at the end of February the economic warnings have become increasingly dire.Yet 10 weeks on from the first US-Israeli attacks, share indices, companies and governments have been surprisingly sanguine. Every day the divergence grows between the eerie quiet on markets and alarming warnings of an imminent supply chain crunch. Continue reading...

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Guardian Business
EVs surge in Bolivia amid fuel shortages, ‘junk gas’ scandal
NEWS
5/10/2026

EVs surge in Bolivia amid fuel shortages, ‘junk gas’ scandal

Tired of petrol shortages and skyrocketing prices, Simón Huanca took matters into his own hands. The 53-year-old Indigenous artisan imported a Chinese electric car to navigate El Alto, Bolivia’s highest city, using the vehicle to transport both his family and the alpaca wool for his weaving workshop. He also installed a dedicated charger in his own garage, mainly for convenience, but also because there are only three public charging stations serving the vast metropolitan area of El Alto and...

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SCMP Economy