Oil Squeeze Deepens, Pakistan Faces Blackouts Amid Iran War

Dated Brent crude trades near $117/barrel as Hormuz disruptions tighten physical oil markets; Pakistan faces power outages from LNG shortfalls, and Spirit Airlines' bankruptcy exit is complicated by surging jet fuel prices.

Coverage

• Everybody's talking about fuel, but Chef José Andrés says the Iran war is hurting the global food supply, too - CNN
• Spirit’s Bankruptcy Exit In Flux as Jet Fuel Prices Surge
• Pakistan Faces Extensive Blackouts as Gas Shortfall Worsens
• Airline drops Los Angeles routes as rising fuel prices across California force major schedule cuts

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