The projected aviation fuel shortage stemmed from Iran’s effective blockage of the Strait of Hormuz since the US and Israel started the war. (EPA Images pic) PARIS: The head of the International Air Transport Association (IATA) on Friday called on authorities to put “well-coordinated plans in place»»»

France officially released 580,000 barrels of oil from its strategic reserves in a preemptive move to cushion the impact of global supply disruptions triggered by escalating tensions in the Middle East and the ongoing closure of the Strait of Hormuz. Announcing the decision at a press briefing at t»»»