Airlines have managed to avoid greater turbulence because jet fuel hasn’t actually run short — yet
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It may not be the early sufferers who experience the most pain if the Strait of Hormuz stays closed for a prolonged period
Selling the same thing to different people at a different price sounds unfair, but it needn’t be bad news for consumers
The clout of Big Tech groups is obscuring the precarious state of others
Profits remain meagre and fleets are ageing
While there is a lot of spare crude on ships and in storage, stocks of refined products are much smaller
Tech-related capital flows have benefited from decades of ambiguity, but AI changes the calculus
