Iran Holds Funeral for Two Air Defense Personnel Killed by Israeli Attack

On this episode of Power and Market, we feel compelled to discuss this week's State of the Union speech.

Jet Fuel Shortage Deepens Pressure On Global Airlines Via City AM, Heathrow’s April passenger numbers fell 5% to 6.7 million, with Middle East traffic down 50%. Transfer traffic rose 10% as travellers rerouted through Heathrow to Asia and Oceania. Airlines are facing mounting pressure from jet fuel shortages and higher oil prices. Fewer passengers were heading to Heathrow Airport in April as the war in the Middle East keeps travellers grounded. Passenger numbers at Europe’s biggest airport fell by five per cent in April to 6.7m with the blame being attributed to the “ongoing impact of the...

Kamal Kharazi, an 81-year-old advisor to the Iranian government and former Iranian foreign minister, was severely wounded by a US-Israeli strike on his home on Wednesday that killed his wife, Iranian media has reported. Kharazi, chairman of Iran’s Strategic Council on Foreign Relations, was seen as a potential negotiator and, according to Iranian officials speaking […]