Ryanair and TUI are affected by the Middle East conflict, which is driving up fuel costs due to the blocked Strait of Hormuz.

1 report, 1 independent Updated Jul 26

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Ryanair Tui Hormuz

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Part of

The aviation industry in Africa is facing acute jet fuel price pressure due to disruptions in the Strait of Hormuz, which is linked to the broader US-Iran Conflict. All 1 developments

The entities involved

Ryanair
low-cost airline of Ireland
- Ryanair's departure is reported to threaten the economy of the Azores.20:38
- Ryanair and Austrian Airlines operate from Vienna, noting that the Middle East crisis is reducing flight connections.10:00
Tui
municipality of Spain

Nothing else this week.
Hormuz
city in Hormozgan Province, Iran
- Saudi crude loadings have been halted at Hormuz due to ongoing threats from Houthi operations in the Red Sea and naval attacks reported by Reuters.21:04
- Iran seeks dominance and control over the Strait of Hormuz.19:00

Related events

The Strait of Hormuz faces geopolitical tension amid US-Iran diplomatic talks in Doha, while Nvidia and Microsoft contend in the AI market.Jul 1

Coverage

Newest first; wire copies grouped

Jul 26birminghammail.co.ukRyanair warns soaring fuel costs could wipe out rival airlines by December