European airlines are facing their biggest challenge since the Covid-19 pandemic as the US-Israel war on Iran pushes up jet fuel prices and buffets travel through the Middle East, casting a shadow over the summer holiday season. Carriers have been largely riding out the crisis with hedges that have tamed costs even as the price of jet fuel has risen nearly 84 per cent since the start of the conflict on February 28, but they could face shortages if the war does not end soon. “There is a risk that we’ll see rationing of fuel supply, particularly in Asia and Europe,” Willie Walsh, head of the International Air Transport Association (IATA), told Reuters on Tuesday, while adding that supply remained robust for now. Walsh said, however, that the situation was not yet as bad as the disruption caused by the Covid-19 pandemic in 2020, which led to travel demand plummeting and hundreds of billions of dollars in losses for the aviation sector. “I think Covid was on a completely different scale,” Walsh added. “What ...
Britain’s King Charles and Donald Trump hailed their countries’ longstanding ties at a White House state dinner Tuesday – despite the US president claiming the monarch agreed with him on Iran’s nuclear weapons. Over a lavish meal, Charles echoed the tone of his earlier speech to Congress in which he urged London and Washington to stick together, without directly mentioning the tensions over the US-Israeli war with Tehran. But in his toast to a gala dinner attended by tech titans and golfer Rory McIlroy, Trump made his first public comments on the sensitive topic during the four-day visit by the British royals. US President Donald Trump and Britain’s King Charles III raise a toast during a State Dinner in the East Room of the White House in Washington, DC, on April 28, 2026. — AFP “We have militarily defeated that particular opponent,” Trump said at the White House dinner. “Charles agrees with me even more than I do — we’re never going to let that opponent have a nuclear weapon.” Trump has repeatedly lambasted...