Ryanair profit drops 34% as the Iran war drives jet fuel costs higher, forcing fare cuts despite rising passenger numbers.
US strikes Iran after tanker attacks in the Strait of Hormuz. Tehran retaliates as oil prices rise and Gulf tensions escalate.
Oil crosses $100 a barrel as the Iran conflict disrupts Strait of Hormuz shipping, fueling fears of inflation, supply shortages, and global economic slowdown.
A geopolitical analysis of the Strait of Hormuz closure impact after the February 28, 2026 airstrikes that killed Ali Khamenei. Examining oil supply shock, LNG disruption, military escalation, and global economic consequences.
