Airline Stocks Soar On Iran Ceasefire As IATA Sees "Positive" Tailwinds, But Warns Jet Fuel Crisis Will Persist

'Sporadic Clashes' Ongoing In Strait Of Hormuz After US Attacks, Disables Two Iran Vessels Trying To Breach Blockade Summary Sporadic clashes between Iranian Armed Forces and US vessels in the Strait of Hormuz, few details given. Two more empty Iranian-flagged tankers come under US aerial attack for attempting to breach blockade. Iran says US violated ceasefire after last night's US action, which resulted in Iranian military deaths & injures. However, Tehran still reviewing US peace proposal. Tasnim news agency: Iran has seized an oil tanker, accusing it of "attempting to disrupt oil exports and the interests...

Turkey Reports Another Iranian Missile Near-Miss Over NATO Skies Another near-miss has unfolded over NATO skies, with Turkey on Monday announcing that air defenses intercepted a ballistic missile fired from Iran. It's another dangerous indication that the Iran war could easily expand into a broader conflict at any moment.  The intercept was carried out by air and missile defense assets positioned in the Eastern Mediterranean, according to the Turkish defense ministry, which offered no further initial details concerning trajectory, type, or what the intended target ultimately was. US Navy image, illustrative This marks...