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US gives Hungary’s MOL more time for talks to buy Serbian oil firm NIS 

ATHENS, June 6 (Reuters) - Hungary's largest oil and gas corporation, MOL MOLB.BU, has been granted more time by the U.S. government to negotiate the purchase of a majority stake in Serbia's NIS NIIS.BEL, an oil company controlled by Russia, MOL said late ...
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Record Gulf Coast exports push U.S. oil inventories lower

(The Center Square) - U.S. crude oil inventories, including commercial stockpiles and the nation's emergency reserves, fell by 16 million barrels last week to their lowest combined level in more than two decades, as strong demand for exports of American petroleum products continued in ...
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Air New Zealand plans for elevated fuel costs into 2027

By Rajesh Kumar Singh RIO DE JANEIRO, June 6 (Reuters) - Air New Zealand has offset only 25% to 40% of the hit from higher fuel prices through hedging and fare increases, Chief Executive Nikhil Ravishankar told Reuters on Saturday, as the carrier plans for ...
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Brazilian airline Azul plans further frequency cuts as fuel shock bites

By Gabriel Araujo RIO DE JANEIRO, June 6 (Reuters) - Brazilian airline Azul is stepping up capacity cuts amid higher jet fuel prices linked to the Iran war, and the carrier will continue to trim flying to protect cash in an uncertain environment, CEO John ...
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America In Focus: US job market is rebounding, but economic frustration persists

The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store or gas station are more painful than they were last year, and rising costs are impacting the decisions ...
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Deferring jet orders over Iran war would be costly for Middle Eastern carriers, IATA VP says

By Allison Lampert and Gabriel Araujo RIO DE JANEIRO, June 6 (Reuters) - Deferring jet orders due to uncertainty and higher jet fuel prices caused by the war in Iran would be unwise for Middle Eastern carriers, as the decision could be costly in the ...
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High fuel costs to trigger airline failures and consolidation, industry chief says

By Joe Brock RIO DE JANEIRO, June 6 (Reuters) - Soaring jet fuel prices driven by conflict in the Middle East are likely to push more airlines into bankruptcy and spur more sector consolidation this year and next, the head of the global airline body ...
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Embraer sees airlines delay option decisions as Iran war clouds industry

By Gabriel Araujo RIO DE JANEIRO, June 6 (Reuters) - Some airlines are delaying decisions to exercise aircraft purchase options amid uncertainties related to the war in Iran, which has pushed up jet fuel prices significantly, Embraer CEO Francisco Gomes Neto told Reuters on Saturday. While ...
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Judge tosses Kennedy Center suit against musician who canceled Christmas Eve show

Attorneys for musician Chuck Redd say a D.C. Superior Court judge dismissed a breach of contract lawsuit filed against Redd after he canceled a Christmas Eve performance at the Kennedy Center in protest of President Donald Trump's influence over the venue. The dismissal on Friday ...
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The Media Line: US Shoots Down Iranian Drones, Intercepts Missiles Fired Toward Kuwait and Bahrain  

US Shoots Down Iranian Drones, Intercepts Missiles Fired Toward Kuwait and Bahrain By The Media Line Staff US forces intercepted Iranian missiles and drones directed toward the Gulf region and the Strait of Hormuz, US Central Command (CENTCOM) said Saturday, as negotiations ...
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Constables hope to find missing children in immigration search effort

(The Center Square) - After months of Congress stalling on funding for U.S. Immigration and Customs Enforcement and administrative changes, Pennsylvania state constables who've signed agreements to support federal law enforcement and potentially thousands of missing noncitizen children are ready to get to work. ...
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Hegseth invokes immigration and ‘invasion’ in D-Day speech in France

PARIS (AP) - U.S. Defense Secretary Pete Hegseth used a D-Day anniversary speech on Saturday to appear to link immigration by sea to the wartime liberation of Europe, warning that the freedom won by Allied troops could prove temporary if leaders failed to defend ...
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