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Aug 2026
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Oil: 9% plunge after Axios report that US and Iran are nearing an agreement

Axios claims the agreement would include, among other things, the lifting of restrictions on ship passage through the Strait of Hormuz

The fear of the Strait of Hormuz crisis in the aviation industry

US conflict with Iran and the risk of a prolonged blockade in the Strait of Hormuz cause concern about soaring fuel prices, flight cancellations and show the day ahead for aviation

Pierrakakis at the Eurogroup: We must be prepared for the toughest economic scenarios

Warnings over an energy shock, stagflationary pressures and limited fiscal space in the eurozone

European shipping at the “helm” of the global fleet with 34.5% in capacity terms

It plays a leading role in the green transition, yet Europe is lagging behind in the production of sustainable fuels and is under pressure from international competition

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