India

India bans Boeing 737 MAX planes from its airspace

BENGALURU (Reuters) – India will not allow U.S. planemaker Boeing Co’s 737 MAX aircraft to enter or transit its airspace after 1030 GMT, the ministry of civil aviation said on Wednesday, following the fatal crash of a plane of the same type in Ethiopia on Sunday.

Iran’s oil tanker fleet being squeezed as sanctions bite

LONDON/DUBAI (Reuters) – Iran is running short of options to replace its aging fleet of tankers and keep oil exports flowing because renewed U.S. sanctions are making potential sellers and flag registries wary of doing business with Tehran, Western and Iranian sources said.