Fuel
Airline shares battered, airfares surge as Iran war pushes oil above $100
Some jet fuel prices have doubled since the start of the conflict, with a growing risk of widespread aircraft groundings due to a potential drop in travel.
US surprised by scope of Israel's attacks on Tehran fuel depots, warns strikes could backfire
Israel’s strikes expose the vulnerability of Iran’s energy lifeline
Just one in four Americans supports US strikes on Iran, Reuters/Ipsos poll finds
Iran's IRGC seizes two vessels in Persian Gulf, official threatens US with 'massacre and hell'
The IRGC Navy’s Public Relations Department alleged that more than one million liters of smuggled fuel were found on the ships.
How Iran’s economic collapse is tightening the regime’s options - analysis
Iran’s central bank began distributing a 5,000,000-rial “Iran-cheque” on Sunday, describing it as a step to “facilitate the circulation of cash” and speed up everyday transactions.
Boeing, Technion move Israeli sustainable jet fuel project into implementation phase
Boeing and the Technion are moving their joint sustainable aviation fuel initiative from feasibility work into hands-on development of cost-competitive electrofuels.
'Seven years to clear this rubble': UN says Gaza filled with over 60 million tons of debris
There are over 60 million tons of rubble in Gaza, the UN official claimed, enough to nearly fill 3,000 container ships, and enough for everyone in Gaza to be surrounded by 30 tons of it on average.
Fuel prices in Israel to drop below 7 shekels per liter for first time since 2023
Fuel prices will drop below 7 shekels per liter for the first time since 2023, with the new rate of 6.85 shekels taking effect on January 1, the energy ministry announced.
Iran seizes foreign oil tanker near Gulf, saying it was carrying millions of smuggled fuel liters
Iran said last week it had seized another foreign tanker carrying 6 million litres of what it described as smuggled diesel in the Gulf of Oman.
Iranians brace for Saturday fuel price surge as Islamic Republic's economy braces for worst
The proposal had been repeatedly postponed over fears it could trigger unrest similar to deadly protests sparked by a fuel price hike in 2019.
A revolution in the skies: How a curved wing saves airlines millions of dollars
Wingtip curves are now a key feature of modern aviation. Though they seem like a design detail, they have saved the industry billions and reduced air pollution.
Iran seizes Eswatini-flagged vessel for smuggling fuel
Iran seized an Eswatini-flagged ship carrying 350,000 liters of smuggled fuel off Bushehr, detaining its 13 crew amid ongoing efforts to curb fuel smuggling.
Iran to raise fuel prices under limited conditions amid energy crisis
Government officials have warned that subsidized fuel prices in Iran are "not rational," impose a heavy burden on state finances, and incentivise suboptimal consumption as well as force fuel imports.