The US-Iran war has entered a dangerous new phase in the Gulf, with American forces destroying five Iranian oil tankers and Tehran retaliating with missile strikes on a US-linked military base in Jordan and attacks on vessels in the Strait of Hormuz.
Iran has warned that any further US attack will trigger a “faster, heavier and more painful” response, as Tehran said it will impose tighter control over shipping around the Strait of Hormuz following the latest US strikes on Iranian oil tankers.
The United States has sharply escalated its confrontation with Iran, striking three Iranian crude oil tankers after the Islamic Revolutionary Guard Corps (IRGC) launched ballistic missiles towards two US Navy warships in regional waters, in the latest tit-for-tat exchange.
Oil prices were heading for their strongest weekly gain since mid-July on Friday as renewed fighting between the United States and Iran heightened concerns over disruptions to Middle East energy supplies.
The US military escorted 40 commercial vessels carrying about 18 million barrels of oil through the Strait of Hormuz on Tuesday, a wartime record, as Washington and Tehran traded their heaviest blows in weeks, CNN reported, citing two US officials familiar with the operation.
The US sustainable aviation fuel (SAF) market is entering a period of technological expansion and policy uncertainty, with new alcohol-to-jet (AtJ) and power-to-liquid (PtL) projects expected to shape production over the coming decade, according to IDTechEx.
WTE Miami 2026 will bring together more than 7,000 travel professionals from over 70 countries, connecting the US market with global travel businesses. In an exclusive TTN interview, Fairfest Media’s Simon Press outlined the event’s focus on AI, partnerships and the Travel Advisor of the Future.
Worldwide air cargo tonnages rebounded in mid-September after the usual annual dip around the US and Canadian Labour Day holiday, with chargeable weight rising for a fourth consecutive week. However volumes from the Middle East and South Asia fell 4%, while Africa also recorded a 4% decline.
Iranian President Masoud Pezeshkian used his address to the United Nations General Assembly to send a message to Iran’s Gulf neighbours, saying Tehran’s security must be guaranteed if the wider region is to avoid being drawn into continuing instability.
US Secretary of State Marco Rubio and Italy’s Deputy Prime Minister and Foreign Minister Antonio Tajani signed a memorandum of understanding on critical minerals in New York.
