Prior to the June 2017 blockade, Qatar’s food was imported through its only shared land border with Saudi Arabia. The blockade risked food shortages that were averted with deeper investments into food self-sufficiency, and deals with Iran and Turkey which fly and ship food products in.
Qatar Airways and Turkish Airlines are still operating their flights across Iraq, and have shown no sign of discontinuing flights. Most airlines continue to avoid flying over Syria as well, and at various points including the present, avoided parts of Iran, Iraq, and most of Yemen. The additional mileage adds up, with airlines spending nearly $180 billion a year on jet fuel altogether.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why it may be too late to chase defense stocks as Iran strikes U.S. bases'While the U.S./Iran fight over the past couple of weeks has sent aerospace and defense stocks flying, we would caution against jumping on this momentum trade at this point.' The stocks are getting higher with everyday if the allies make them more stronger relationship... Sell stocks. Buy gold.
Source: MarketWatch - 🏆 3. / 97 Read more »
Here’s Why The Stock Market Hit New Record Highs After Trump’s Comments On IranHere’s why the stock market hit new record highs after Trump’s comments on Iran: by skleb1234 skleb1234 Why doesn't Forbes report on a trillion dollar deficit in good economic times. Trump is responsible for this unnecessary debt. Report on that. skleb1234 Trump continues to surprise even the Americans.. May long lasting peace prevails. skleb1234 Feasible Answer!
Source: Forbes - 🏆 394. / 53 Read more »
Why the U.S. dollar doesn’t always act like a haven when geopolitical tensions riseThe U.S. currency didn’t attract much buying interest as investors shunned global stocks at the end of last week and went looking for safety following a U.S....
Source: MarketWatch - 🏆 3. / 97 Read more »