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UAE says state oil company’s focus unchanged after OPEC withdrawal

Abu Dhabi National Oil Company to continue meeting global energy needs across oil, gas, chemicals, low-carbon, renewable energy, says Sultan Al Jaber28 April 2026

Ryanair CEO warns if jet fuel prices stay high, European airlines may fail

Budget carrier better protected as it has hedged 80% of fuel needs, says Michael O’Leary28 April 2026

11 vessels pass through Strait of Hormuz amid stalled US-Iran talks

9 vessels pass through Hormuz from Arabian Gulf to Gulf of Oman, including crude oil tanker28 April 2026

US crude oil tops $100 again as Hormuz closure keeps supply fears elevated

WTI reaches highest level since early April in wake of UAE’s unexpected withdrawal from OPEC28 April 2026

UAE to withdraw from OPEC, OPEC+

- Withdrawn decision in line with UAE's long-term strategic, economic vision and development of its energy sector28 April 2026

European Central Bank more likely to raise rates amid deepening energy risks

Persistent, high energy prices may prompt ECB to hike rates once or twice this year, experts say28 April 2026

Bank of Japan keeps policy rate constant

Japanese central bank increases inflation forecast due to higher energy prices28 April 2026

Low-cost carriers seek $2.5B from Washington as jet fuel prices surge: Report

Budget airlines seek to offset increase in jet fuel costs since start of US-Israeli attacks on Iran on Feb. 2828 April 2026

US Treasury says servicing sanctioned Iranian airlines risks sanctions

Treasury Secretary Scott Bessent urges foreign governments to prevent firms in their jurisdictions from providing services to sanctioned Iranian aircraft28 April 2026

US tariff changes could add $1.1T to deficits over decade: Budget office

Higher energy prices linked to war in Iran offsetting economic boost from tax cuts enacted in 2025, says CBO chief Phillip Swagel28 April 2026

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