EXPLAINER
Jet fuel shortage: Why Iran war could ground flights in Europe
Europe’s aviation faces fuel shortages as Hormuz tensions threaten travel at the start of the summer season.
![Murat İkinci, General Manager of Roketsan, stands next to a Tayfun ballistic missile at the company's facility in Ankara. [Al Jazeera]](/wp-content/uploads/2026/04/Murat-Ikinci-General-Manager-of-Roketsan-stands-next-to-a-Tayfun-ballistic-missile-at-the-companys-facility-in-Ankara.-Al-Jazeera-1776326106.jpg?resize=770%2C513&quality=80)
![A Havana local smokes a cigar on the Malecón - the city’s waterfront area. Both domestically and abroad, Cuban cigars are becoming an increasingly rare luxury. [Euan Wallace/ Al Jazeera]](/wp-content/uploads/2026/04/DSC02741-1775944580.jpg?resize=770%2C513&quality=80)
![The confirmation hearing from Kevin Warsh, Trump’s pick to be Powell’s potential successor is scheduled for next Tuesday [File: Kent Nishimura/Reuters]](/wp-content/uploads/2026/04/2025-07-24T214447Z_34146845_RC28TFAVNX5J_RTRMADP_3_USA-TRUMP-FED-1776262869.jpg?resize=770%2C513&quality=80)
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IMF cuts global growth forecast during Hormuz blockade
Higher global inflation forecast at 4.4 percent, up 0.6 points, driven by surging oil, gas and fertiliser costs.
Fed nominee Warsh’s financial disclosures point to assets well over $100m
Warsh’s financial disclosures will almost certainly be a focus of his upcoming confirmation hearing next week.
From: Counting the Cost
Who controls the Strait of Hormuz?
A US move to block the strait has intensified a broader struggle over who controls access and under what terms.
Published On 14 Apr 2026
EXPLAINER
How much will US Hormuz blockade hurt Iran, and does Tehran have an escape?
Iran earned $5bn in oil exports in past month while it shut the strait for most other ships. That revenue is at risk.
Global oil demand to plunge amid disruptions caused by war on Iran: IEA
The IEA’s oil ‘demand destruction’ report comes after its chief said unnamed countries are hoarding stocks.
Sanctioned tankers transit Strait of Hormuz amid US blockade
Chinese-owned tanker Rich Starry becomes the first sanctioned vessel to exit the Gulf after the US blockade.
Energy prices rise despite Jones Act suspension by Trump
Shipping costs have increased by more than 10 percent in the past month due to the US-Israel war on Iran.
New White House report has plans to fix US housing shortage of 10 million
A new report lays out a blueprint for how more home construction would help the middle class and the overall economy.
From: NewsFeed
Indian workers protest over rising living cost
Police have scaled up enforcement in the Indian city of Noida as a factory workers’ protest turns violent.
Published On 13 Apr 2026
EXPLAINER
Why oil prices aren’t what you think – and what it means for global supply
Growing gap between physical and on-paper oil prices points to more serious energy shock than appreciated, analysts say.
