India's GAIL said it will assess curbing supplies to natural gas customers after a force majeure notice from long-term supplier Petronet LNG over constraints on vessels as conflict escalates in the Middle East.
The duration of the aviation disruption following the joint Israel-US strike on Iran and its subsequent attacks on countries in Gulf region, will be fundamental to determining the implications for affected sectors, including airlines, airports, lodging and lessors, said an expert.
JLG Industries, a world-leading designer, manufacturer and marketer of mobile elevating work platforms (MEWPs) as well as leading brands such as JLG and SkyTrak telehandlers and rotary telehandlers, has announced the opening of its new regional inventory and distribution facility in Dubai.
The finance and energy ministers of the G7 group affirmed their readiness to take "all necessary measures" to ensure the stability of the energy market, as part of their efforts to address the economic repercussions of the war in the Middle East.
Oil prices extended gains on March 30, with Brent headed for a record monthly rise, after Yemeni Houthis launched their first attacks on Israel over the weekend, widening the US-Israel war with Iran in the Middle East.
Investment in renewable energy projects in the Middle East has jumped by 28 per cent, year-on-year, according to a new report from Ansarada, a mergers and acquisitions (M&A) and infrastructure procurement platform.
Atout France is closely monitoring geopolitical developments affecting travel between the Middle East, Türkiye, and France. Airlines, including Air France, have adjusted schedules, while the agency ensures operational continuity, compliance, partner coordination, and transparent communication.
Chapman Freeborn, a leading private air passenger and cargo charter services company, has announced that it has been arranging emergency charters amid the ongoing geopolitical instability in the Middle East and disruption to global aviation routes.
Cisco, the worldwide leader in networking and security, has appointed Shane Heraty as the new Vice President and General Manager for Cisco Middle East, Africa, Türkiye, Romania and CIS effective May 1. In this role, he will oversee Cisco's strategy and commercial operations in the region.
The prolonged closure of Strait of Hormuz, lasting significantly longer than a month, would negatively affect global chemical production, with Mideastern and Asian producers most affected. Chemical production costs may hit a new high and global supply chains could get disrupted, said a report.
