Delta CEO Says Airline Ticket Prices Will Drop Only When Capacity Increases, Not Just Fuel Costs
Delta Air Lines chief executive Ed Bastian told Fox Business on June 23 that ticket prices will only fall when the airli...
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Strait of Hormuz Reopens After Iran War Ceasefire, but Oil Prices Remain Elevated
On June 14, 2026, the United States and Iran announced a temporary halt to hostilities that had begun in February, a mov...
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Europe Surpasses Americas as Mexicos Top Crude Export Market in April 2026
Europe overtook the Americas as the leading destination for Mexican crude in April 2026, taking 43.4 % of PEMEX’s tota...
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Global Oil Inventories Near Operational Floor, JPMorgan Warns of Potential Price Spike
JPMorgan’s commodity team has issued a warning that global commercial oil inventories could reach the operational mini...
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U.S. Strategic Petroleum Reserve Drops to Multi-Decade Low as Oil Prices Rise
Oil prices are climbing, and the U.S. Strategic Petroleum Reserve (SPR) has slipped to a multi‑decade low. The Energy ...
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Container Shipping Costs Double as Iran War Drives Fuel Prices and Supply-Chain Strain
When the Iranian conflict erupted in February, the ocean freight that once moved goods from Shanghai to Los Angeles beca...
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