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Bloomberg MarketsStocks Crazy Rally Won't Tire Naturally: 3-Minutes MLIVFinancial TimesSoftBank shares surge as investors rush back into tech stocksBloomberg MarketsBotched US Blacklist Highlights Frail Trump-Xi TruceBloomberg MarketsChipmaker Silex Microsystems Shares Soar in Stockholm DebutFinancial TimesShell’s profits jump as Iran war delivers windfallBloomberg MarketsAliko Dangote’s Group Eyes More Dollar Bond Sales to Fund GrowthBloomberg MarketsMalaysia Holds Rate as Ringgit Tempers Inflation PressureBloomberg MarketsHorizons Middle East & Africa 5/7/2026Bloomberg MarketsBrookfield Bets on Dubai Real Estate, Defying War ConcernsBloomberg MarketsMaersk CEO Expects to Pass Higher Oil Shock Costs to CustomersBloomberg MarketsShell Profit Rises as Iran War Boosts Oil Price and TradingFinancial TimesEmirates soars to record profit despite Iran war grounding planesBloomberg MarketsPrivate Markets Could Support Europe’s Financing Push, ECB SaysBloomberg MarketsFTSE 100 Drops as Shell and BP WeighBloomberg MarketsAsian Bond Issuers Rush to Market as Iran Hopes Tighten SpreadsBloomberg MarketsStocks Crazy Rally Won't Tire Naturally: 3-Minutes MLIVFinancial TimesSoftBank shares surge as investors rush back into tech stocksBloomberg MarketsBotched US Blacklist Highlights Frail Trump-Xi TruceBloomberg MarketsChipmaker Silex Microsystems Shares Soar in Stockholm DebutFinancial TimesShell’s profits jump as Iran war delivers windfallBloomberg MarketsAliko Dangote’s Group Eyes More Dollar Bond Sales to Fund GrowthBloomberg MarketsMalaysia Holds Rate as Ringgit Tempers Inflation PressureBloomberg MarketsHorizons Middle East & Africa 5/7/2026Bloomberg MarketsBrookfield Bets on Dubai Real Estate, Defying War ConcernsBloomberg MarketsMaersk CEO Expects to Pass Higher Oil Shock Costs to CustomersBloomberg MarketsShell Profit Rises as Iran War Boosts Oil Price and TradingFinancial TimesEmirates soars to record profit despite Iran war grounding planesBloomberg MarketsPrivate Markets Could Support Europe’s Financing Push, ECB SaysBloomberg MarketsFTSE 100 Drops as Shell and BP WeighBloomberg MarketsAsian Bond Issuers Rush to Market as Iran Hopes Tighten Spreads
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Financial Timesglobal

Emirates soars to record profit despite Iran war grounding planes

Financial Times
Thursday, May 7, 2026 at 6:00 AM
~4 min read
Inflation

Original Report

Dubai airline says it has restored most flights after conflict closed airspace and sent jet fuel prices soaring

Glass House Analysis

Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.

Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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