Global oil stocks fell by a record 200 million barrels in April amid Middle East conflict, tightening supplies and raising energy market volatility with broad fintech sector implications.
Iran has submitted a 14-point peace plan to the US demanding sanctions relief and naval guarantees, with significant implications for fintech, digital payments, and regional stability.
Lufthansa plans to cancel 20,000 flights and retire older aircraft to reduce aviation fuel consumption by over 40,000 tons amid the ongoing energy crisis.
Geopolitical tensions in Iran trigger aviation fuel shortages, forcing airlines to cut flights and prompting calls for coordinated EU response amid economic and fintech sector impacts.