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Airlines Suspend Flights To Saudi Capital After Devastating Houthi Strikes On Airport
Airlines Suspend Flights To Saudi Capital After Devastating Houthi Strikes On Airport
Update(1604ET): There are reports that possibly several parked aircraft were damaged or destroyed after the earlier Thursday Houthi ballistic missile attack on King Khalid International Airport in Riyadh. And now international reports are saying a slew of airliners are suspending flights to the city, some tentatively for up to a week:
In response to Thursday's attack, Germany's Lufthansa Group and Air India as well as two other carriers from the country, all suspended flights to the city.
The rebels had earlier...
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Jul 6, 2026 / Tyler Durden
Hormuz In The Rearview As Asia-US Ocean Container Rates Soar Past $7,900
Hormuz In The Rearview As Asia-US Ocean Container Rates Soar Past $7,900
By Stuart Chirls of AmericanShipper
The container shipping market is being driven by geopolitics, rates, and network reshuffling, but freight-rate volatility and adjustments by carriers to protect schedules and pricing has supplanted Middle East disruptions as top-level concerns.
Asia-U.S. West Coast prices increased 8% to $6,175 per forty foot equivalent unit (FEU), according to Freightos, a data contributor to SONAR ocean market data.
Prices for Asia-U.S. East Coast transportation also rose 8%, to $7,998 per FEU.
SONAR‘s Ocean Supply/Demand Index reflects the...
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May 4, 2026 / Tyler Durden
Trump Renews Call For Israel To Pardon Teflon Bibi, The "Wartime Prime Minister"
Trump Renews Call For Israel To Pardon Teflon Bibi, The "Wartime Prime Minister"
President Trump has renewed US pressure on some Israeli government decision-makers to grant a pardon to Prime Minister Benjamin Netanyahu as he's still battling multiple corruption charges, at a moment he has ordered the armed forces to be engaged in several fronts, including in Lebanon.
Trump told the Israeli outlet Kan News on Sunday, "Tell your president to pardon Bibi. He's a wartime prime minister. They wouldn’t have Israel if it wasn’t for me and Bibi in that order....
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Alasdair Macleod
A tale of two worlds
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