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Air New Zealand Cuts Flights and Raises Fares Amid Surge in Jet Fuel Prices

• Author: بوابة الجزائر • 0 comments • 58 views
Air New Zealand Cuts Flights and Raises Fares Amid Surge in Jet Fuel Prices

Air New Zealand has announced additional reductions to its flight schedule along with fare increases, citing the continued surge in global jet fuel prices.

The adjustments, which apply to selected services in May and June, are expected to impact around 4% of total flights and approximately 1% of passengers, according to a report by Radio New Zealand.

Jet fuel prices have climbed sharply in recent months, reaching approximately $230 per barrel on the Platts benchmark, compared to less than $100 prior to the onset of the US-Israel-Iran War.

Despite these changes, the airline noted that its domestic network has seen only minor adjustments, aimed at preserving connectivity across key regions.

Passengers affected by the schedule changes have been offered refunds or travel credits if the revised flights do not align with their plans.

Source: Anadolu Agency, citing Radio New Zealand

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Economy
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South Korean envoy to be dispatched to Algeria as part of plan to secure crude oil supplies amid Strait of Hormuz crisis

South Korean envoy to be dispatched to Algeria as part of plan to secure crude oil supplies amid Strait of Hormuz crisis

South Korea has announced plans to send special envoys to three countries — Saudi Arabia, Oman, and Algeria — in a bid to secure alternative crude oil supplies and reduce its dependence on the volatile Strait of Hormuz.

The decision was confirmed by lawmaker Ahn Do-geol following a meeting with South Korea’s energy ministry and other relevant agencies. He also revealed that five Korean-flagged vessels are set to be deployed to Yanbu port in Saudi Arabia, located on the Red Sea, as part of a broader strategy to bypass the strategic strait.

While Saudi Arabia and Oman are traditional energy partners for Seoul, Algeria’s inclusion signals a significant diplomatic and economic outreach by South Korea to North Africa, potentially opening new routes for crude imports. Algeria, a major oil and gas producer and a key OPEC member, could offer South Korea an alternative supply chain through the Mediterranean, bypassing Middle Eastern chokepoints altogether.

The move comes as South Korea, heavily reliant on energy imports, faces mounting pressure from the effective closure of the Strait of Hormuz, which has driven up global energy prices and pushed the government to propose a US$17.2 billion supplementary budget. President Lee Jae Myung has described the economic situation as being on a “wartime footing.”

Meanwhile, domestic energy conservation measures have been issued, including guidelines urging citizens to take shorter showers and charge mobile phones during daytime hours.

In other developments related to the Strait of Hormuz:

A third Turkish-owned vessel, the “Ocean Thunder,” safely crossed the strait on Monday, according to Turkey’s Transport Minister Abdulkadir Uraloğlu. The ship was carrying crude oil loaded from Iraq to Malaysia and passed through the strait overnight. It is the third Turkish vessel to do so since the weekend, reducing the number of Turkish-owned ships still in the vicinity to 12, with eight more awaiting permission to exit alongside their 156 crew members.

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بوابة الجزائر
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Strait of Hormuz: Iran Authorizes Limited Transit of 15 Vessels Amid Ongoing Regional Conflict

Strait of Hormuz: Iran Authorizes Limited Transit of 15 Vessels Amid Ongoing Regional Conflict

TEHRAN – Iranian authorities have granted permission for 15 ships to transit the strategic Strait of Hormuz over the past 24 hours, according to reports from the semi-official Fars News Agency on Sunday.

This rare authorization comes as the region remains under a state of high alert following the massive joint military offensive launched by the United States and Israel on February 28. That operation resulted in over 1,340 casualties, including the death of the then-Supreme Leader, Ayatollah Ali Khamenei.

A Strangled Waterway

Despite these 15 transits, maritime activity in the Strait—a vital artery for global oil supplies—remains crippled. Official data suggests that shipping traffic is currently 90% lower than it was prior to the late February escalation.

Tehran’s Response and Maritime Restrictions

Since the start of the conflict, Iran has implemented a strategy of “restricted movement” through the Strait as part of its retaliation. This has been coupled with a series of drone and missile strikes targeting Israel, as well as several neighboring countries hosting U.S. military assets, including Jordan, Iraq, and Gulf states.

The international community continues to watch the Strait of Hormuz with concern, as the continued restriction of this global chokepoint threatens to further destabilize international energy markets and regional security.

Source: Anadolu Agency

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US Forces Rescue Second F-15 Crew Member in High-Risk Operation Inside Iran

US Forces Rescue Second F-15 Crew Member in High-Risk Operation Inside Iran

US special operations forces have successfully rescued the second crew member of an F-15 fighter jet shot down over Iran, concluding a high-risk 36-hour mission, according to US officials cited by Axios.

The operation took place in southwest Iran, where US forces raced against units of Iran’s Islamic Revolutionary Guard Corps (IRGC) to locate and extract the missing officer. With this latest rescue, both crew members have now been recovered.

The pilot was located within hours of the aircraft being downed, while the second crew member remained missing for over a day before being found and evacuated. Officials said both crew members were able to communicate after ejecting from the jet.

The mission involved elite US commandos supported by significant air power. After locating the second crew member, US forces launched a rapid extraction operation as Iranian forces reportedly moved toward the same area.

According to sources, US aircraft carried out strikes to prevent Iranian units from reaching the site. Following the rescue, all American personnel involved were safely withdrawn from Iranian territory.

However, complications arose during the evacuation phase, with two US transport aircraft becoming inoperable at a remote location. Additional planes were deployed to complete the extraction, and the disabled aircraft were destroyed to avoid falling into Iranian hands.

US President Donald Trump and senior officials monitored the operation from the White House Situation Room. During the earlier phase of the mission, an Iranian strike targeted a US Black Hawk helicopter, injuring several personnel, although the aircraft remained operational.

Source: Anadolu Agency (via Axios, The New York Times)

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