Iran Drew the Hormuz Boundary in Coordinates and the UAE Answered With a Pipeline
Tehran published a polygon of latitude-longitude lines and called it a controlled maritime zone. Abu Dhabi said its bypass pipeline is half-built.
Economy
Jet2 Said the Fuel Was Fine as IATA Warned Higher Air Fares Were Inevitable
The UK's third-largest airline told customers the only oil to worry about was sun oil while the airlines' own trade body told the BBC ticket prices would have to rise.
Brazil Opens a $179 Million Airline Credit Line as Jet Fuel Nearly Doubles
Petrobras raised jet kerosene 90% in 2026 and the Lula government opened a credit line for Gol, Latam and Azul on Wednesday — the Hormuz passthrough reached São Paulo.