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Iranian drone attack sparks blaze at Dubai International Airport

Drone and missile fire often keep aircraft circling DXB, damaging Mideast tourism worth $367 billion a year and sending air freight charges surging

Formula One cancels Bahrain, Saudi races over Iran conflict

Concern for the safety of teams, drivers and fans amid continued tensions across the region make it impossible to proceed, F1 officials said

Air freight rates soar as Middle East conflict disrupts routes

Costs have jumped by as much as 70% as carriers reroute flights around closed airspace, deal with fuel surcharges and address war-risk insurance

Gulf states review sovereign wealth funds amid Iran conflict

The reassessments could lead to delaying some overseas investments, reconsidering sponsorship commitments and selling state assets

Energy agency weighs record oil release as Iran tensions mount

Saudi pipelines that bypass the Strait of Hormuz to reach export terminals on the Red Sea can help keep oil moving if shipping disruptions worsen

Quick Hits

Smoky skyline

Iranian drone attack sparks blaze at Dubai International Airport

FORMULA STUN

Formula One cancels Bahrain, Saudi races over Iran conflict

The Daily Circuit:  F1 scrubs Bahrain, Saudi races +  Blaze at DXB

precious cargo

Air freight rates soar as Middle East conflict disrupts routes

HELIUM SQUEEZE

World helium prices spike as Iran conflict disrupts Qatar processing

The Daily Circuit: Soaring air freight charges + Aramco’s interceptor drones

Trade shock

Gulf states review sovereign wealth funds amid Iran conflict

INSECURITY BENEFITS

Nuclear industry sees revival as Mideast crisis pushes oil to $100

The Daily Circuit: Gulf states review sovereign funds + Citi stay-home order

OIL SAGA

Energy agency weighs record oil release as Iran tensions mount

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