Donald Trump

Middle East airspace closures rattle global travel and fuel-cost outlook

Air raids, regime-change rhetoric and oil chokepoints rattle markets from Gulf hubs to Wall Street

1,600+ flights canceled as Dubai hub shuts, airspace closures ripple worldwide

Analysts warn prolonged Strait disruption could trigger 1970s-style energy spike

Leadership vacuum in Tehran deepens crisis; markets brace for wider fallout

Energy routes at risk as investors pivot to safe havens amid rising war fears

Markets stabilize after 800-point rout, but AI and tariff risks linger

$175 billion at stake as Washington replaces invalidated duties with new 15% global tariff

The move added fresh uncertainty around inflation, trade flows, and global growth, prompting investors to trim exposure to risk assets.

Markets recoil as renewed trade escalation clouds inflation and growth outlook