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SWAG News2 articles
Iran Oil Waiver Expiry Strands 63 Million Barrels, China Refiners Pause
The end of the U.S. Iran oil waiver leaves 63 million barrels of Iranian crude at sea, with China's refiners halting new purchases. Brent crude jumped 5% as supply risks escalate.
Spirit Airlines Grounds All Flights Amid Funding Crisis, Stranding Over 800,000 Passengers
Spirit Airlines shuts down immediately after failing to secure funding, canceling all flights and affecting over 800,000 booked passengers. Competitors step in with discounted fares.