The EU is reportedly mulling expanding its emissions trading system to include flights departing the bloc, FT reports citing sources
The EU's consideration to expand its emissions trading system (ETS) to include flights could signify a shift towards stricter environmental regulations, impacting airlines and associated sectors.
Iran has yet to allow a tanker with UAE LPG to pass through the Strait of Hormuz, Tasnim reports;
Pakistan to continue mediation between US-Iran, adding that there "is no immediate danger" of the war resuming, Anadolu reports citing Pakistani sources
The EU is reportedly mulling expanding its emissions trading system to include flights departing the bloc, FT reports citing sources
UK's Unite Union says the speech by PM Starmer was not sufficient, Huffington Post reports
JPMorgan expects oil to average USD 96/bbl in 2026
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This move may lead to increased operational costs for airlines, potentially affecting ticket prices and demand. Keep an eye on travel-related stocks as market sentiment could react to this regulatory development.
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