Indian Prime Minister Narendra Modi called on citizens to cut petrol and diesel consumption and work from home as the Middle East conflict disrupts energy supplies and impacts India's economy, demonstrating the war's far-reaching economic effects.
International Monetary Fund Managing Director Kristalina Georgieva warned that inflation is already picking up and the global economy could face a 'much worse outcome' if the war in the Middle East continues into 2027, with particular concern about prolonged disruption to energy supplies.
Lufthansa announced the cancellation of 20,000 flights due to soaring jet fuel prices and shortages caused by the closure of the Strait of Hormuz. Airlines across Europe are lobbying governments to relax environmental rules and modify passenger compensation rights.
The head of the International Energy Agency warned that Europe has approximately six weeks of jet fuel remaining, with flight cancellations likely 'soon' if oil supplies are not restored amid the ongoing Iran conflict and Strait of Hormuz disruptions.
Irish police deployed hundreds of officers to clear a blockade of central Dublin's O'Connell Street staged by farmers and hauliers protesting fuel prices driven by the Iran war, ending six days of demonstrations that caused nationwide shortages.
