Ports, shipping, aviation cargo, warehousing and trade
Brent crude climbed back over $105 a barrel amid warnings of expanding conflict between the United States and Iran. Maritime risks mounted following a fatal commercial ship strike in the Strait of Hormuz and threats to Red Sea energy routes. Diplomatic discussions during the United Nations General Assembly have produced little sign of a peace deal.
Investigations into an incident aboard a Flydubai flight bound for Tel Aviv concluded that the co-pilot attempted to carry out a terrorist act, according to UAE Attorney-General Hamad Saif Al Shamsi. The co-pilot attacked the captain with a crash axe inside the cockpit before crew members intervened. The aircraft diverted safely to Tabuk, Saudi Arabia, and Flydubai has suspended flights to and from Israel.
International flight services resumed at Tehran's Imam Khomeini International Airport on October 8, 2026, following suspensions caused by regional military hostilities. The first arriving commercial service was an Iraqi Airways flight from Najaf.
Italian carrier ITA Airways has extended the cancellation of flights to Riyadh through November 18, 2026, and suspended its Rome-Dubai service until November 30, 2026. The airline attributed the Riyadh suspension to regional security conditions and the Dubai halt to operational rerouting and airspace changes. Affected ticket holders are being offered rebooking options or full refunds.
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