Month: April 2026

Ongoing instability in the Middle East continues to place pressure on global fuel markets and shipping operations. As reported by ShippingWatch, Brent crude oil prices have climbed above the USD 100 mark for the first time since the outbreak of the war in Ukraine. Citing The Wall Street Journal, ShippingWatch reported that Saudi Arabia remains

Air cargo capacity across the Middle East is currently operating at approximately 30% below pre‑conflict levels, according to data from Xeneta. The regional conflict is entering its fifth week. Niall van de Wouw, Xeneta’s Chief Airfreight Officer, emphasized that rising costs are only one part of the equation for shippers. Despite higher rates, demand has