The global energy market is once again facing one of its most unstable periods in recent years as geopolitical tensions, supply concerns, shifting alliances, and economic uncertainty combine to create major volatility in oil and gas prices.

The Bank of England has estimated that its quantitative easing programme will result in a net lifetime loss of around £125 billion ($169 billion), with the cost set to be covered by the British government.

The global aviation industry is facing significant turbulence following a dramatic surge in jet fuel prices, driven by the escalating US-Israeli conflict with Iran.

The closure of the Strait of Hormuz amid the US-Israel war against Iran is triggering a growing jet fuel crisis, raising fears of widespread disruption across global aviation.

Carl Skau, Deputy Executive Director of the UN World Food Programme (WFP), stated on Tuesday that if the conflict in the Middle East continues until summer, the number of hungry people worldwide could rise by 45 million. Analysts believe that Africa and Asia will suffer the most, with hunger reaching record levels. “This is a terrible prospect,” Skau emphasized.

The fourth Global Tourism Resilience Day Conference and Expo opened on Monday in Nairobi, the capital of Kenya, with a focus on promoting the resilience of the global tourism sector.

Amnesty International has called on the international community to reject Israel’s humanitarian aid strategy in Gaza, condemning it as a tool of warfare. The organization also urged immediate global intervention to stop what it described as a genocide against Palestinians.

A few days ago, former Israeli Prime Minister Ehud Barak suggested that Israel may launch a massive and repeated attack on Iran’s oil infrastructure.