Lufthansa to restart flights to Amman and Erbil on August 27
The resumption of services to Amman and Erbil reflects Lufthansa's commitment to strengthening its network in the Middle East.
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Lufthansa to avoid Iraqi and Iranian airspace due to regional tensions
Germany's flagship airline, Lufthansa, has announced that it will be rerouting its flights to avoid Iraqi and Iranian airspace until at least August 7, citing escalating regional tensions as the reason for this decision.
Israel-Hamas Conflict Drives Global Market Anxiety
Fears that the Israel-Hamas conflict would impact other Middle Eastern countries have lead to a rise in price of oil and shares in weapons manufactures. Earlier this morning, the price of a barrel of Brent crude (the benchmark for oil prices,) rose by 3.8% - costing around $88 a barrel.