Global air passenger demand declined 3.4 per cent in April 2026 due to the ongoing Middle East conflict, IATA said. Middle Eastern carriers saw the sharpest fall in traffic, while rising jet fuel prices and weak demand forced airlines to cut planned services
Kristalina Georgieva warned that prolonged Middle East war could push oil to $125 and worsen global inflation, activating adverse IMF scenarios. Growth may slow sharply, while energy volatility from the Strait of Hormuz keeps markets unstable
Iran’s Hormuz leverage globalises the conflict but risks isolation, economic fallout, and regional backlash, underscoring the need for maritime norms and renewed diplomacy
Saudi Arabia closed the King Fahd Causeway after Iranian missile strikes targeted its Eastern Province amid escalating conflict. Donald Trump renewed threats over the Strait of Hormuz, raising fears of wider regional war
The ongoing Middle East crisis has disrupted global supply chains, directly impacting India’s Rs 8,170 crore condom industry. With shortages of silicone oil and ammonia, manufacturers face rising costs and potential price hikes of up to 50 percent for contraceptives.
Israel intensified strikes on Iran amid stalled diplomacy with the United States, escalating regional conflict. Tensions over the Strait of Hormuz raised fears of global energy crisis and further instability
Iran rejected a US ceasefire proposal and launched fresh attacks on Israel and Gulf states as the Middle East war escalated. The US is deploying additional troops while diplomatic efforts face major hurdles amid rising casualties and fears of a global energy crisis
Indian stock markets plunged sharply, with Sensex falling 1,836 points and Nifty dropping below 22,600, amid weak global cues, rising crude oil prices, and escalating Middle East tensions. Continued FII outflows and rupee weakness further dampened investor sentiment
President Trump extended Iran’s deadline to reopen the Strait of Hormuz, pausing threatened strikes on power plants. Iran denied negotiations. The conflict has killed thousands, destabilized energy markets, and intensified regional tensions involving Israel, Lebanon, and Gulf nations
Iran launched fresh missile attacks on Israel and US bases as the Middle East war entered its sixth day. Israel struck Hezbollah in Lebanon, killing civilians and militants, while tensions spread regionally, rattling oil markets and prompting diplomatic clashes in Seoul
