🇲🇾🇮🇷 AirAsia X Raises Fares 40% on Fuel Spike

AirAsia X announced a 40 per cent increase in ticket prices and a 10 per cent reduction in overall flights, citing the impact of the war on Iran on fuel costs. Group CEO Bo Lingam stated that average jet fuel costs had risen to approximately US$200 per barrel from around US$90 previously.

US-Israeli strikes on Iran in late February prompted Tehran to effectively close the Strait of Hormuz, disrupting global oil supplies and leading multiple international airlines to raise fuel surcharges. Founder Tony Fernandes described the price increases as unavoidable, adding that capacity would be cut on routes unable to cover elevated fuel costs.

AirAsia X also faces the threat of jet fuel supply shortages across the region, including in Malaysia, Vietnam, and the Philippines. Malaysian Prime Minister Anwar Ibrahim indicated the country could face fuel supply uncertainty as early as June, while AirAsia X officials described the overall 2026 profitability outlook as manageable but dependent on the duration of the conflict.

#Malaysia #Iran

@asianomics

Суд по заявлению Альфа-банка признал банкротом экс-владельца банка "Югра" Алексея Хотина

В отношении Хотина введена процедура реализации имущества, в реестр кредиторов включено около 91 млрд рублей долга заявителю.

В марте 2024 года Хотин был приговорен к девяти годам колонии по обвинению в растрате 23,6 млрд руб.

В апреле 2025 года сообщалось, что ему в рамках нового дела предъявлено обвинение в двух эпизодах мошенничества и организации преступного сообщества.

@interfaxonline

🇰🇵❗️🇮🇷 North Korea is deliberately distancing itself from Iran during the war to keep open the possibility of improved ties with the U.S, South Korea says, - Reuters

No military aid to Iran, no condolences after Ali Khamenei’s death. No message recognizing his successor Mojtaba Khamenei.

Public statements are limited and toned down, avoiding criticism of Donald Trump.

— 🇮🇱/🇱🇧 NEW: Israel continues to demolish entire villages in southern Lebanon

@Middle_East_Spectator

اللعنة على اليهود و بارك الله في من سفك دمهم النجس و اثلج بذالك قلب مؤمن

دما نهرا يا رب

Saudi Aramco raised its May oil price for Asia to a record +$19.50/barrel, up from just +$2.50.

Higher fuel costs for Asia (China, India, etc.)

More pressure on global oil prices.

💥😎 In the Donetsk region, the border guards-aerial reconnaissance RUBAK "Sokil" have destroyed more than 60 occupiers, enemy motor vehicles and a significant number of enemy deployment points over the past month.

❗️A threat to Kyiv and the western regions. Russia is building at least four bases for Shaheds in Belarus, - Forbes.

Proximity to Ukraine will reduce the time it takes to detect targets and increase the threat not only to Ukraine but also to Europe.