The Chinese shipping giant is restarting some container bookings to Gulf destinations after a pause, though the move is limited and tied to a volatile security situation.
China’s market regulator says a wiring fault in certain BMW models could cause short circuits and fires, prompting a major recall across domestically made and imported vehicles.
QatarEnergy has invoked force majeure on some long-term LNG contracts after disruptions linked to the war on Iran and damage to its gas infrastructure.
The U.S. Energy Department has awarded contracts for the first batch of oil loans from the Strategic Petroleum Reserve, moving 45.2 million barrels under a wider market-stabilisation plan.
KLM is extending cancellations on flights to Dammam, Dubai and Riyadh, joining a broader wave of airlines that are keeping Gulf operations suspended during the Iran war.
The cockpit union’s sudden strike call covers all Lufthansa departures from German airports on Thursday and Friday, forcing the airline into a reduced schedule.
South Korea activated a 100 trillion won, or about $68 billion, market-stabilization fund to steady volatility triggered by the worsening Middle East crisis.
Restrictions spanning Iran, Israel, Iraq and several Gulf states disrupted regional aviation, prompting carriers to alter routes and warn passengers to verify schedules.
President Donald Trump raised the global tariff rate from 10% to 15% under emergency powers after the Supreme Court ruled against parts of his earlier tariff regime.