Spirit Airlines is preparing to cease operations after the beleaguered company ran out of cash and a rescue attempt by the Trump administration appeared to stall. The company struggled to make a deal with its creditors and secure funding to maintain operations, according to a Wall Street Journal report citing people familiar with the matter. […]
m{venvjm)4m8jmzq(ad)jsb6_media_dl_1.png Bloomberg Article content (Bloomberg) — The S&P 500 Index extended record-breaking gains Friday as tech mega-caps delivered a stream of solid earnings. Reports that Iran had responded to US amendments on an agreement to end the war also buoyed sentiment, sending oil prices lower. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to
US Stocks Extend Record Gains, Oil Falls on Iran Talks Report Read More »
## Market Snapshot The market for WTI Crude Oil prices in May 2026 currently shows expectations for price increases, driven by geopolitical tensions surrounding the US-Iran conflict. Meanwhile, the Bitcoin price market for May 1 indicates a slight decrease in confidence, with odds at 99.9% YES, down from 100% previously. ## Key Takeaways – The
US-Iran conflict fuels WTI crude oil price hike expectations for May 2026 Read More »
The closure of the Strait of Hormuz and surging oil prices amid the conflict in Iran are causing turbulence for airlines and Americans’ travel plans. Oil prices have skyrocketed since the war began, and futures of international benchmark Brent crude were about $114 per barrel on Thursday… https://thehill.com/policy/energy-environment/5858507-iran-war-oil-prices-jet-fuel-strait-of-hormuz/
Wartime oil prices cause turbulence for flights: When will US feel the pinch? Read More »
TLDR Brent crude rose above $111 a barrel, with WTI near $106, up 12% this week Oil has surged more than 25% over the past two weeks as the Strait of Hormuz remains closed Iran’s Supreme Leader vowed to maintain control of the strait and protect nuclear and missile programs ConocoPhillips warned of “critical shortages”
Oil Prices Hit 2022 Highs as U.S.-Iran War Keeps Strait of Hormuz Closed Read More »
Oil prices continued to climb on Wednesday amid fresh concerns about global supply. Reports that the United States may tighten its blockade on Iranian ports have raised fears of reduced oil exports from the region. At the same time, the United Arab Emirates’ announcement that it plans to exit OPEC has added to market uncertainty.
Oil surges near $120 as middle east supply fears escalate Read More »
…Ex-depot price of diesel hits N1800/litre The global oil price has soared above $126 a barrel, its highest level since 2022, sending immediate shockwaves through Nigeria’s downstream sector. The rally, fueled by escalating geopolitical tensions in the Middle East, has already triggered a spike in local prices, with the Dangote Refinery hiking diesel rates and
Nigeria braces for fuel price surge as Brent crude tests $126 Read More »
Home India News No change in ATF price for domestic airlines; petrol, diesel, LPG rates steady IOC keeps ATF, petrol, diesel, LPG and PDS kerosene prices unchanged for domestic users, raises rates for international ATF and some industrial fuels to track global markets By PTI May 1, 2026, 6:50:08 AM IST (Published) 2 Min Read
No change in ATF price for domestic airlines; petrol, diesel, LPG rates steady Read More »
Photo: 123RF Volatile oil prices have helped clean energy KiwiSaver funds shine in the early months of this year. Morningstar has released its latest KiwiSaver survey, which shows the first quarter of this year was a tough one for KiwiSaver funds, but over a year they are still performing strongly. Conservative funds had a peer
Which are the best-performing KiwiSaver funds? Read More »
Global markets react nervously as the Strait of Hormuz becomes a focal point in a deepening standoff. Iran’s supreme leader declared Thursday that the United States had suffered a shameful defeat, defiantly rejecting a warning from President Donald Trump that an economically-punishing US naval blockade could be enforced for months to come. Oil prices hit
Iran’s supreme leader defies US blockade as oil prices soar Read More »
