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Ukraine begins to flex muscle as an emerging air power, angering Russia

closure of the Strait of Hormuz. Zelenskyy said Russian internal documents seen by his foreign intelligence service admitted that Ukraine had deprived oil offloading ports of much of their capacity. ![A resident walks

Heathrow passenger numbers dip as demand for international travel ebbs amid Iran war fallout

impact from the Iran conflict and “short-term adjustments to travel plans”, the airport said. However, the number of transfer passengers transiting for onward flights rose 10% in April year-on-year, as travellers rerouting

UK faces higher prices for eight months after war in Iran ends, says minister

closure of the strait of Hormuz, a key shipping lane that carried a fifth of global oil and gas, has sent oil prices soaring since the US and Israeli attacks on Iran began in February

Iran war forces job losses, reverse migration in India’s ceramic hub

Strait of Hormuz, a lifeline for India’s gas imports, continues. Meanwhile, the war continues, with the US on Sunday capturing an Iranian cargo vessel, even as Washington says it is willing to hold another

Airlines in Europe slash thousands of flights as Iran war cuts jet fuel supplies

impact of the war in Iran ripples across the aviation industry. [![A worker fuels a Delta Airlines plane at Salt Lake City International Airport on April 09, 2026. As fuel prices continue to rise amid

UK firms in ‘critical financial stress’ jump by a third as costs rise, report finds

impact of the Middle East conflict. Hospitality and leisure firms have been faring particularly badly because of shaky consumer confidence, and rising taxes and staff costs, according to research by the restructuring company Begbies Traynor

Hormuz effect? How US, China are ramping up tensions over the Panama Canal

Hormuz.” Kraska said strong international opposition to the unilateral closure of major sea lanes will be a key factor driving a resolution, “regardless of the tension or conflict between the United States and Iran”. This

Who is the Indian guru Venezuelan acting President Delcy Rodriguez follows?

closure of the Strait of Hormuz has forced countries to scramble for alternative energy sources. Nearly half of India’s crude oil imports are normally shipped from Gulf producers through the strait, along with large

Airline profits plummet as US fuel costs nearly double

Strait of Hormuz, a critical passage for global energy shipments. Fuel costs surged by 78 percent to nearly $6.5bn in April, following a 26 percent jump in March, according to US Department of Transportation

UK firms halt investments and hiring as Iran war pushes up costs, bosses warn

impact. However, bosses warned the damage from the Middle East conflict was steadily rising. A separate report from the Chartered Institute of Personnel and Development, the professional body for HR, also found that UK employers

Iranian FM Araghchi to visit Pakistan as talks with US set to resume

Strait of Hormuz are key sticking points that in recent days have threatened to rupture Pakistan’s mediation efforts. For the residents of Pakistan’s capital, the equation is simpler – if frustrating: They want

UK supply chain unprepared for major shocks such as war, report warns

impact of the war in the Middle East on fuel costs and the prices of food and other goods in the UK, which saw the [government recently ask supermarkets](https://www.theguardian.com/business/2026/may/19/uk-supermarkets-urged-to-consider-voluntary-price-caps-on-essential-foods) to consider freezing

Quarter of a million people could lose job by middle of 2027 as UK ‘flirts with recession’, analysis says

closure of the strait of Hormuz trade route and its strikes on its regional neighbours, which have sent oil and gas prices soaring, will cause the biggest economic hit since the Covid pandemic, according

EU plans to ban Russian soldiers from bloc in fresh sanctions on Moscow

closure of the strait of Hormuz. “We want to maintain the full intensity of our sanctions,” von der Leyen said. EU officials also want to add 30 “shadow fleet” vessels helping Russia evade western sanctions

UK could face gaps on supermarket shelves by summer if Iran war continues

Hormuz](https://www.theguardian.com/world/strait-of-hormuz) does not reopen, disrupting supplies of the CO2 required by the food industry. Officials from government departments including No 10, the Treasury and the Ministry of Defence have run a planning

Middle East crisis live: US claims blockade has ‘completely halted economic trade’ into Iran, as Trump hints at return to talks in Pakistan

closure of the strait of Hormuz to ships using other Gulf ports. The blockade has created further uncertainty for shippers, oil companies and war risk insurers. On Wednesday morning, US central command (Centcom) said

How Iran war has triggered soaring cost of medicines, condoms

Strait of Hormuz, through which 20 percent of the world’s oil and liquefied natural gas (LNG) supplies are shipped in peacetime. Experts say this has also disrupted pharmaceutical supply chains, which are reliant

Airlines hike fares, cut millions of seats as Iran war drives up fuel costs

closures imposed in response to Iranian attacks on regional hubs such as Dubai and Doha. Qatar Airways alone slashed two million seats scheduled for June through October, with the United Arab Emirates-based carriers Emirates

Democrats urged to link clean energy to affordability as Iran war hikes up prices

closure](https://www.theguardian.com/world/2026/apr/12/trump-says-us-will-blockade-strait-of-hormuz-as-iran-peace-talks-fail) of the strait of Hormuz, where a fifth of the world’s oil and gas normally travels, in the wake of the US and Israel’s attack on Iran caused energy

Trump claims US has total control over strait of Hormuz after Iran seizes two container ships

impact of the war on the global economy could linger long after any peace deal was agreed. A Pentagon spokesperson described the report as “inaccurate” but did not provide specific objections. In his Truth Social