Noontime News Recap: US Iran tensions deepen as EU tightens Russia sanctions and EasyJet profits slump
The US and Iran remained locked in a widening confrontation, with Secretary of State Marco Rubio saying Tehran is seeking a deal even as it faces a higher price from the conflict, while US Central Command said strikes on Iranian military targets continued for a 12th night. A tanker fire was also reported in the Strait of Hormuz, underlining the risk to shipping in one of the world’s most sensitive waterways. 🔗 🔗In the Middle East, more than 2,300 Israelis entered the Al Aqsa Mosque compound in occupied East Jerusalem on Thursday during Tisha B'Av, one of the largest incursions... [Continue Reading]
360LiveNews Recap | 23 Jul 2026 12:24 LONDON
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EasyJet profits plunge 70% as fuel costs rise amid Iran conflict
EasyJet has reported a sharp fall in quarterly profits after higher fuel costs and later passenger bookings hit the airline during the period affected by the conflict in Iran. The low-cost carrier said pre-tax profit dropped 70% to £85m in the three months from April to June, down from £286m a year earlier. It said the increase in fuel costs and the change in booking patterns were both linked to the conflict and the resulting rise in energy prices.The airline said fuel costs rose by £105m after hostilities in the Middle East pushed energy prices higher in late February. It... [Continue Reading]
360LiveNews | 23 Jul 2026 10:02 LONDON
