US carriers spent $6.5B on fuel in April; global profit forecast is cut nearly in half
New government data released Monday shows U.S. airlines spent nearly $6.5 billion on jet fuel in April
June 09, 2026New government data released Monday shows U.S. airlines spent nearly $6.5 billion on jet fuel in April
June 09, 2026
Iran has fired ballistic missiles and drones toward Bahrain and Kuwait
June 06, 2026
The U.S. military says it shot down four Iranian drones that were launched toward the Strait of Hormuz on Friday and then struck some of the Islamic Republic’s coastal surveillance radar sites in response
June 06, 2026
Global oil inventories are running dangerously low as a deal to re-open tanker traffic through the Strait of Hormuz has
June 05, 2026
Donald Trump Jr., the eldest son of the U.S. president and a senior executive of the Trump family business, extolled the virtues of cryptocurrencies and
June 04, 2026
Private equity-backed government contractor Applied Aerospace & Defense said on Tuesday it had raised $650 million in its U.S. initial public offering after pricing shares at $20
June 03, 2026
The dollar traded in a narrow range on Tuesday as investors stayed on alert for signs of progress on a potential deal to reopen the Strait of Hormuz.
June 02, 2026
Risks of widespread job losses from AI are expected to remain limited this year, according to Bridgewater Associates, with constraints on computing capacity and a resilient economy
June 02, 2026
France's manufacturing sector contracted in May for the first time since November, as the spike in energy prices and transport disruptions resulting from
June 01, 2026
Dubai looks back to normal. Beneath the surface it’s a different story
June 01, 2026
U.S.
May 30, 2026
German inflation slowed in May due to lower energy prices, and while core inflation accelerated, analysts said that was likely not evidence that cost
May 29, 2026
Italy's economy grew by 0.3% in the first quarter from the previous three months, boosted by strong exports, national statistics bureau ISTAT said on Friday, revising up a
May 29, 2026
Stop-start efforts by Tehran and Washington to extend their ceasefire and reopen the Strait of Hormuz dominate the market outlook, while U.S. and euro zone data should shed more
May 29, 2026
New Zealand on Thursday unveiled a budget with few voter incentives ahead of what is shaping up to be a tightly contested election later
May 28, 2026
U.S.
May 28, 2026
The S&P 500 and Nasdaq hit record closing highs on Tuesday, as AI-fueled optimism offset anxiety over Middle East peace
May 27, 2026
Iran said on Tuesday the United States had violated a ceasefire by striking targets near the contested Strait of Hormuz, potentially complicating efforts to bring the war to a close
May 26, 2026
China's Foreign Minister Wang Yi said on Tuesday he hoped parties in the Iran conflict can stay committed to pursuing a ceasefire and continue to meet each other halfway.
May 27, 2026
A look at the day ahead in European and global markets from Rae Wee Oil prices climbed on Tuesday, after the U.S. military conducted strikes in southern Iran in what it described as defensive actions,
May 26, 2026
U.S.
May 24, 2026
U.S. arms sales to Taiwan take years to process and are unrelated to the war with Iran, a source familiar with the matter said, after a senior U.S. official suggested there was a
May 23, 2026
Japanese vehicle exports to the Middle East were nearly wiped out in April, government data showed on Thursday, as the U.S.-Israeli war on Iran disrupted
May 21, 2026
The European Union’s executive commission has cut its growth outlook and predicted higher inflation due to sharply higher energy prices from the war in Iran
May 21, 2026
A drone strike has targeted the United Arab Emirates’ sole nuclear power plant
May 17, 2026
Israel's economy began 2026 with a slowdown, hit by war with Iran, but growth is expected to recover as long as the conflict does not reignite.
May 17, 2026
U.S. President Donald Trump departed Beijing following a final day meeting with Chinese President Xi Jinping
May 15, 2026
Trump leaves China, short on deliverables but with signs of a stabilized relationship
May 15, 2026
President Donald Trump says he’s not yet made a decision on whether a major sale of U.S. arms to Taiwan can move forward following his three-day visit to China
May 15, 2026
President Donald Trump is in Beijing for key meetings with Chinese leader Xi Jinping
May 14, 2026
Americans are shelling out for higher gas prices while cutting back on some goods
May 14, 2026
Asia Pacific banks may have to raise their loan loss provisions further in the near-term as the Iran conflict
May 14, 2026
The S&P 500 and the Nasdaq gained ground on Wednesday with a boost from artificial intelligence-related tech shares, which helped markets
May 13, 2026
What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Oil prices remain elevated, inflation is climbing and bond markets
May 13, 2026
What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The Iran conflict is entering its 11th week - more than twice the
May 11, 2026
Iran's Revolutionary Guard navy has warned of a “heavy assault” on one of the U.S. bases in the region if Iranian oil tankers or commercial vessels are attacked
May 09, 2026
Britain said on Saturday it was deploying its warship HMS Dragon to the Middle East in preparation for a potential multinational effort to protect shipping in the Strait of
May 09, 2026
Washington has revised its proposed U.N. resolution demanding Iran halt attacks and mining in the Strait of Hormuz but the changes are unlikely to avert Chinese and Russian vetoes,
May 09, 2026
The U.S.
May 06, 2026
China’s diplomatic role in the Iran war has come into sharper focus after talks between Chinese and Iranian foreign ministers on Wednesday, days before U.S. President Donald Trump is expected to meet his Chinese counterpart Xi Jinping
May 06, 2026
The U.S. national average retail price of gasoline surpassed $4.50 a gallon on Tuesday for the first time since July 2022, data from GasBuddy showed, as the U.S
May 06, 2026
U.S.
May 06, 2026
The U.S. and Iran launched new attacks in the Gulf on Monday as they wrestled for control over the Strait of Hormuz
May 04, 2026
Chancellor Friedrich Merz marks a year in office this week facing the biggest crisis with Washington in decades, after President Donald Trump said he would
May 04, 2026
French manufacturing output and new orders rose in April as customers sped up purchases due to inflationary pressures linked to the Iran conflict, a survey by S&P Global
May 04, 2026
(This May 2 story has been repeated with no changes to the text.)
May 02, 2026
An Iranian proposal on negotiations with the U.S. sent crude oil futures diving on Friday, but prices remained on track for weekly gains, with Tehran still blocking the
May 01, 2026
Profit for the two largest oil companies in the U.S. tumbled during the first quarter, a three-month period in which the price of crude and gasoline rocketed higher
May 01, 2026
Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!
May 01, 2026