Prices

Tourists travelling to some of the most popular holiday destinations in Spain have been handed an update on prices

Travel officials in Spain have warned that airline ticket prices are set to rocket this summer. The warning comes as the Iran conflict places severe strain on the supply of jet fuel to airlines across the globe.

The mounting pressures have already prompted some airlines to scale back their planned flight schedules, with knock-on effects already being felt on ticket prices. And bosses say there are further headaches ahead for holidaymakers at some of the most popular Brit tourist spots as the peak travel season approaches – with around 18 million Brits heading to Spain every year.

The latest alert was issued by travel agents in Spain. The Balearic Islands Travel Agencies Association (AVIBA) has warned those heading to popular destinations such as the 3 key tourist spots of Mallorca, Menorca and Ibiza to brace themselves for steeper ticket prices – even as it confirmed flights to the region are not expected to be reduced.

According to reports in the Spanish media, AVIBA president Pedro Fiol cautioned that ticket prices will inevitably rise sharply due to the financial pressures stemming from the conflict. He warned that the war is likely to produce a summer “with a context of greater tension and rising costs that will be gradually passed on to ticket prices”, Spanish website Ultima Hora reports.

Despite this, he maintained that the profitability of routes to the Balearic Islands makes it unlikely that flights to the area will be axed. He did, however, flag that this could become a possibility outside of peak season.

AVIBA note that airlines are currently maintaining “a certain restraint” in airfares. But the president warned that the scarcity and increased cost of fuel driven by the Iran conflict will undoubtedly result in higher airfare prices. The Airline Association (ALA) has issued a similar forecast.

Lufthansa yesterday confirmed the axing of some 20,000 flights through October as part of its operational shake-up. The carrier explained that these reductions relate to unprofitable bases, though none of these are located in Spain. The strategy is to refocus resources on the most lucrative routes.

Mr Fiol said: “We don’t foresee a summer with planes grounded due to a lack of fuel, but we do anticipate a more complex and price-driven environment.” Meanwhile, Spanish website INB3N reports that Mr Fiol also cautioned there was a danger that additional flights could be compelled to make stops so aircraft can refuel mid-journey.

This week, TUI revealed the Iran war set it back around 40 million euros (£34.8 million) last month after it was obliged to bring home thousands of holidaymakers and staff. Europe’s biggest travel operator slashed its profit forecast and suspended revenue guidance as a consequence, causing its shares to fall.

The firm is amongst travel companies to have been substantially disrupted by the conflict in the Middle East, which erupted at the end of February. It is also amongst airline operators to face strain from a spike in jet fuel prices after the conflict drove up the cost of oil.

And holidaymakers should have “no worries” about flights being cancelled this summer, despite airlines confronting a “triple whammy” as a consequence of the conflict in the Gulf, a former industry boss has maintained.

Tim Jeans, a former commercial director at Ryanair who was later managing director of Monarch Air, said that while there “may be some trimming of schedules” by airlines, he did not expect carriers to scrap routes entirely.

His remarks follow stark warnings from the trade body representing European airports, which cautioned that a “systemic” jet fuel shortage could emerge ahead of the peak summer season if the Strait of Hormuz fails to reopen in the coming weeks.

Airports Council International, which represents more than 600 airports, recently wrote to European commissioners for energy, transport and tourism, warning that if the vital strait does not reopen in a “significant and stable way within the next three weeks” then “systemic jet fuel shortage is set to become a reality for the EU”.

Director-general Olivier Jankovec said: “The fact that we are entering the peak summer season… is only adding to those concerns.” However, Mr Jeans insisted: “I don’t see a situation where flights will get cancelled because of the non-availability of fuel.”

He acknowledged that there was a “triple whammy for airlines at the moment”, pointing to “the issues in the Middle East which has caused a massive spike in the cost of fuel”.

Speaking on BBC Radio Scotland’s Breakfast programme, Mr Jeans added: “That in turn is pushing up ticket prices, and the uncertainty around whether it is going to be possible to travel, plus the increase in prices is reducing demand.

“And so you have a situation where airlines are looking at their bookings for the next three months ahead and saying ‘should we fly that flight, is it going to be profitable?'”

IT’S fair to say that there is a sense of nervousness when it comes to a holiday abroad this year.

What with warnings of summer holiday cancellations and airlines cancelling thousands of flights – it’s no wonder Brits are booking more staycations than ever.

But there is still a way to have a foreign holiday without hopping on a flight, thanks to a number of cruises, ferries, trains and car tunnels going from the UK.

Brittany Ferries, who operate a number of sailings across the UK, said that maritime fuels are not being affected, and prices won’t be going up either.

Brittany Ferries boss Christophe Mathieu said: “If you have booked with us, or are considering doing so, we will get you to a beautiful and safe holiday destination this year. Period.

“We will play no part in profiteering or seeking to recover losses from a gamble gone wrong, as some appear to be doing.

HOLI-YAY

I’ve booked hundreds of holidays to the Spanish islands – here are the very best

HOL-D OFF

Brits warned summer holidays ARE at risk of being cancelled as jet fuel runs low

“The cost of our holidays rose by inflation earlier this year, and by inflation alone. There will be no further rises in the weeks or months ahead.”

So we’ve done the hard work for you and rounded up some of the best places to go from the UK where you can avoid the having to go to the airport entirely.

Seven nights around Spain and Portugal by cruise

You don’t have to hop on a plane to explore Spain and Lisbon.

Royal Caribbean have week-long sailings from Southampton which stop at Bilbao, Lisbon and Vigo, before returning to Southampton.

Prices start from £743pp.

Eurostar train to Lille and Paris

Why not have a two city break with Eurostar, stopping at both of their French cities.

The closest city to the UK by train is Lille, taking less than two hours to get to.

You could then hope on a train the next day to explore Paris, just one stop over.

Prices from £39pp.

Eurostar train to Amsterdam and Rotterdam

In a similar vein of Paris and Lille, Eurostar also have direct trains to Amsterdam and Rotterdam.

They take slightly longer – Rotterdam is around 3hr15 while Amsterdam is just over four hours – but can easily make for a long weekend break.

Prices from £39pp.

Eurotunnel to French seaside towns

The Eurotunnel in Folkestone opens up all of Europe as long as you’re happy to travel by car.

Entering via Calais, why not explore some of France‘s best seaside towns such as Boulogne-sur-Mer and picturesque Wimereux?

Prices from £59pp.

35 days around Caribbean by cruise

If you have the time, you could explore the Caribbean for a month without having to get on a flight.

P&O will take you to St Kitts, Barbados, Grenada, St Lucia, Antigua and Barbuda, while sailing from Southampton – it even includes all your food and tips.

Prices from £2,999pp.

Seven nights around Norwegian Fjords by cruise

Also sailing from Southampton, the Celebrity Cruises trip lets you go around some of the beautiful fjords.

Stops include Haugesund, Ålesund, Nordfjordeid and Zeebrugge.

Prices start from £1,156pp – book here.

Eurostar train to Brussels

You can even get to the the city of Brussels in Belgium by train as well, thanks to direct Eurostar routes.

It makes for a great summer holiday destination – or you can book in your Christmas Market trip now.

Prices from £39pp.

17 nights around Italian Riviera

Sail from Southampton with Fred Olsen and you could explore the Riviera in Italy, with stops in Portofino and La Spezia.

It even includes a stop in Monterosso for the annual Lemon Festival.

From £4,199pp – book here.

April 21 (UPI) — Retail sales rose by 1.7% in March mostly due to high gas prices from the ongoing conflict with Iran, the Commerce Department announced Tuesday.

It was the fastest monthly change in three years, according to a release.

In February, sales rose 0.7%.

Retail sales are seasonally adjusted but not for inflation. In March inflation rose by 0.9%, which was three times the February rate, according to the latest Consumer Price Index.

The war between the United States, Israel and Iran has caused gas prices to spike. The Strait of Hormuz, a critical transportation route for oil, has been closed to most traffic throughout the fighting. It has dramatically affected the price of gas in the United States and abroad.

Gas station sales jumped in March by 15.5% from February. Without gas station sales, retail rose 0.6% in March, which was at 0.7% in February.

Some categories were stronger. Furniture and home furnishing sales were up 2.2% in March.

Electronics and building materials held up well, too.

Gary Schlossberg, global strategist at Wells Fargo Investment Institute, said in commentary to investors on Tuesday: “Pressure on household budgets is being cushioned, for now, by sizable increases in tax refunds tied to last year’s legislation.”

Consumers adjusted their spending in other areas. Apparel sales were flat, and restaurant sales rose only 0.1%.

Gas prices likely caused that, said Dan North, Allianz Trade senior economist for North America.

“Gasoline is a thing you love to hate, because you have to buy it; there’s really no substitute,” North told CNN in an interview.

Eventually, consumers will deplete savings and tax refunds, and for lower-income Americans, it could be a struggle, North said.

“If we can wind this up, so to speak, in the next few months, the damage to the consumer and economy might not be so bad,” North said. “If you start stretching it out for months and months and toward the end of the year, then consumers and the rest of the economy get in trouble.”

Sparked by the Iran war and the effective closure of the Strait of Hormuz, oil is no longer flowing out of the Middle East as it did earlier this year, which is having a major impact on the aviation industry

Holidaymakers face soaring flight prices and more expensive package breaks even if they’ve already booked because of the looming shortage of jet fuel.

Sparked by the Iran War and the effective closure of the Strait of Hormuz, oil is no longer flowing out of the Middle East as it did earlier this year. Supplies of jet fuel built up by European countries have been severely depleted.

In general, some European countries hold several months’ worth of jet fuel inventory at a time, according to an IEA report released last week. “Every passing day that the Strait of Hormuz remains shut, Europe is edging closer to supply shortages,” said Amaar Khan, head of European jet fuel pricing at Argus Media. “The Strait accounts for around 40% of Europe’s jet fuel imports, but no jet fuel has passed the Strait since the war broke out.”

There are four main ways that the jet fuel shortage could impact British holidaymakers: rising flight prices, extra fees, cancelled flights and package break surcharges. We’ve explained each one below.

READ MORE: easyJet Spain and Portugal flights fuel supply ‘four weeks’ updateREAD MORE: ‘Jet fuel shortage’ update as Government ‘monitoring fuel supplies and pricing’

Rising flight prices

Jet fuel — a refined kerosene-based oil product — is airlines’ biggest cost, making up about 30% of overall expenses, according to the International Air Transport Association. And jet fuel prices have roughly doubled since the war began. Shortages could start next.

Already, a number of airlines have started bumping up the cost of tickets.

Just last week, it emerged that Virgin Atlantic had increased some flight costs with an extra £50 fuel surcharge on economy-class tickets, while premium economy fares are climbing by £180 and business class by £360.

Air France and KLM fares are also going up. They are likely to cost an additional €50, bringing the fuel surcharge to €100 (£86.98) on top of the standard fare. Meanwhile, flights to the United States, Canada and Mexico could increase by €70 (£60.89), and an economy round trip could cost an extra €10 (£8.70).

If you’ve already got your flights booked, you don’t need to worry. You are not going to be asked retrospectively to pay extra on your air fare. Once you have paid, the airline will not come after you for any more cash – unless the government hikes aviation fees, which they don’t appear poised to do.

Extra fees

Many passengers will have booked their flights months in advance, before the US and Israel attacked Iran and fuel prices started rising. Because airlines can’t bump up fares that’re already booked but for which they’re now making less money, they have started looking for other ways to make a bit of extra cash.

American Airlines has said it would hike checked baggage fees by $10 (£7.40) each for the first and second checked bags and by $150 (£111) for the third checked bag on domestic and short-haul international flights. Southwest Airlines has said it will hike checked baggage fees by $10 for the first and second bags, raising costs to $45 (£33) for the first bag and $55 (£40) for the second.

As passengers often add extra luggage just before they fly, these rises could impact passengers who booked flights before the invasion.

No major European airlines have made similar changes.

Cancelled flights

Last week, International Energy Agency Director Fatih Birol said Europe has “maybe six weeks” of remaining jet fuel supplies and said the global economy faces its “largest energy crisis.”

Many major airlines have already cancelled flights because of the fuel price rises and falling demand, and more are likely to do so.

Swedish flag carrier SAS has said it would cancel 1,000 flights in April because of high oil and jet fuel prices, after cancelling a “couple hundred” flights in March. United Airlines said that five per cent of flights would be cancelled in the second and third quarters of 2026, while Dutch airline KLM has cancelled 160 flights for the coming month.

Other airlines, such as BA, have suspended whole routes to parts of the Middle East due to the conflict, while Virgin Atlantic announced earlier this month that it would be permanently scrapping its London flight to Riyadh from April.

Under UK law, if your flight is cancelled more than 14 days before it is due to depart, you are not entitled to compensation. However, your airline does have to offer you a full refund or help you find an alternative flight.

In the latter case, it’s up to you whether to fly as soon as possible after the cancelled flight, or at a later date that suits you. Although most airlines will book you onto another of their flights to the same destination, if an alternative airline is flying there significantly sooner or other suitable modes of transport are available, then you may have the right to be booked onto that alternative transport instead. You can discuss this with your airline.

Given that airfares may be significantly higher than when you booked, opting for an alternative flight rather than taking a refund may work out in your favour.

Extra package break costs

A largely overlooked clause in package holiday terms and conditions could result in the price of a package holiday increasing by hundreds of pounds – even after you’ve already made your booking and payment.

An article by Which? drew attention to the obscure clause found within Package Travel Regulations. It reveals that UK holiday companies can impose an additional charge of up to 8% on a package holiday price, without being required to provide a free cancellation option, under three specific circumstances.

These circumstances include: a destination introducing additional taxes or other charges, a significant shift in currency exchange rates, or a rise in the price of fuel or power. Given the ongoing Middle East conflict, fuel costs have been rising noticeably, which means there’s potential for package holiday operators to invoke this rule for Brits who’ve already booked their holidays should these expenses continue climbing.

Brent crude rises more than 7 percent as Washington and Tehran offer conflicting accounts on ceasefire negotiations.

Oil prices have risen sharply following attacks on commercial vessels in the Strait of Hormuz and conflicting messages about the prospect of renewed negotiations between the United States and Iran.

Brent crude futures, the primary benchmark for global prices, jumped more than 7 percent in Asia on Monday as the outlook for peace between Washington and Tehran darkened.

Prices eased somewhat later in the morning, with the benchmark at $94.69 a barrel as of 02:05 GMT, up from just under $90.40 on Friday.

The latest price surge came after US President Donald Trump said US forces seized an Iranian-flagged cargo vessel that had attempted to evade the US blockade of Iran’s ports.

Trump’s announcement followed reports by the United Kingdom Maritime Trade Operations (UKMTO) Centre over the weekend that two vessels came under attack while transiting the strait.

Iranian gunboats fired on a tanker, while an “unknown projectile” struck a container ship, according to the UKMTO.

After declaring the strait “completely open” on Friday, Tehran reversed course less than 24 hours later, citing the ongoing US blockade.

Earlier on Sunday, Trump said that a US delegation would travel to Pakistan on Monday to hold a second round of ceasefire talks with Iranian officials.

Iranian state news outlet IRNA later reported that Tehran would not participate in the talks, citing the US blockade and Washington’s “excessive demands” and “unrealistic expectations”.

A two-week ceasefire between Washington and Tehran is set to expire on Wednesday if the sides cannot agree on an extension.

An initial round of talks held in Islamabad earlier this month broke down without any agreement between the sides.

Iran’s effective closure of the strait, which usually carries about one-fifth of global oil and natural gas supplies, has driven a surge in fuel prices worldwide, forcing governments to tap emergency supplies and roll out energy-saving measures.

Nineteen vessels crossed the strait on Saturday, up from 10 the previous day, but far below the historical average of 138 daily transits, according to the UKMTO.

Asia’s main stock markets opened higher on Monday despite the dimming prospects of de-escalation.

Japan’s Nikkei 225 rose more than 1 percent in morning trading, while South Korea’s KOSPI gained about 1.3 percent.

Hong Kong’s Hang Seng Index rose about 0.5 percent, while the SSE Composite Index in Shanghai gained more than 0.4 percent.

April 18 (Asia Today) — Average gasoline and diesel prices at South Korean gas stations rose for a third straight week, putting both fuels on the verge of topping 2,000 won per liter.

The average nationwide gasoline price for April 12-18 stood at 1,996.3 won per liter, or about $1.36 a liter and $5.15 a gallon. That was up 28.7 won from 1,967.6 won a week earlier. Diesel averaged 1,990.2 won per liter, or about $1.36 a liter and $5.13 a gallon, up 31.1 won from the previous week.

With both fuels nearing the 2,000 won threshold, the government is set to announce its fourth maximum-price notice on Thursday. The current system partially reflects changes in global oil prices while slowing the pace of retail price increases.

By brand, SK Energy had the highest gasoline price at 2,001.8 won per liter, or about $5.16 a gallon, while self-service budget stations were the cheapest at 1,974.7 won. For diesel, SK Energy was also the highest at 1,995.2 won per liter, while budget stations posted the lowest average at 1,966.1 won.

By region, Jeju had the country’s highest average gasoline price this week at 2,029 won per liter, or about $5.23 a gallon. Seoul followed at 2,026.7 won, or about $5.23 a gallon.

International oil prices have recently eased on expectations that the conflict involving the United States and Iran could wind down. Dubai crude, the benchmark for South Korea’s imported oil, stood at $101.8 a barrel on Wednesday, down $4.7 from $106.5 on Sunday. Changes in global oil prices usually reach domestic pump prices with a two- to three-week lag.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260418010005586

KATIE Price’s son Harvey has called her new husband Lee Andrews “daddy” after appearing to confirm Lee’s travel ban.

The self-proclaimed businessman, 43, took to his Instagram stories today to share a picture that Harvey had drawn for him.

In the picture, two frogs are seen sitting next to each other with a love heart saying “I love you” in between them.

He addressed the drawing to “Mummy Bullfrog and Daddy Lee Bullfrog,” and said: “I hope you have a great Valentine’s Day and a happy holiday, love from Harvey.”

Lee wrote under it: “Harvey Price. You are just the best human,” as Katie reshared his story on her own profile.

It comes after The Sun revealed Lee’s devotion to Harvey with an apparent tattoo on the side of his left hand.

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Harvey’s name could be seen in a fancy font alongside an image of a frog, the 23-year-old’s favourite animal.

He’s yet to fly to the UK and meet her children in person but no doubt he’s spoken to Harvey via FaceTime.

Lee and Katie, 47, tied the knot in a secret ceremony in Dubai back in January before having a second ceremony the following month.

Ever since the pair tied the knot, there’s been constant speculation that Lee is unable to leave Dubai, where he resides full-time.

It was reported that he allegedly forged his ex-girlfriend Dina Taji’s signature to secure a £200,000 loan – something he’s strongly denied.

On several occasions, he’s claimed he’s coming to the UK but each time, he hasn’t ended up coming.

During the latest episode of her podcast with her sister Sophie, the former glamour model was asked directly about Lee’s situation.

She said: “Of course I’m going back to Dubai and Lee will come here when he needs to.

“People have to remember he’s lived in Dubai for 21 years, that’s where he lives and where he does his work. There’ll be a time when he does come to England and he’ll be with me.”

Sophie replied: “I thought he had a travel ban?”

While not confirming whether or not Lee is unable to leave the city, Katie said: “Do you know what? Everyone has said to me you can get a travel ban over anything in Dubai.

“A parking ticket or if you owe a bill for electricity or something… you can get a travel ban for absolutely anything.”

Sophie asked: “Do they do anything like that over here?”

The I’m A Celebrity star joked: “No. If they did, I’d be banned for life! But yeah, you can get one for even breathing the wrong way in Dubai. It’s so strict.”

A clip from the podcast was posted on social media, with Katie writing: “Lee’s travel ban… it’s so strict!!!!”

On Thursday, Lee claimed he’s moving to the UK in May.

Posting on his Instagram Stories he shared an image of him with Katie, which read: “LEE ANDREWS CONFIRMS RETURN TO UK.

“With his gorgeous wife Katie to support her family and career commitments.

“The couple are stronger than ever and will make the commitment to live together this coming May. Ahead of their Winter Wedding this Year.”

Brent crude falls more than 9 percent after Iran said it will reopen the strategic waterway, only to shut it down again over US blockade of its ports.

Oil prices have plummeted to their lowest point in weeks after Iran said the Strait of Hormuz was open for passage during a ceasefire in Lebanon, and United States President Donald Trump said he expected to ⁠reach a deal to end the war soon.

Brent crude, the international benchmark, fell more than 9 percent to $90.38 a barrel on Friday, taking it below $91 for the first time since March 10.

The plunge came after Iranian Foreign Minister Abbas Araghchi said the strait was “completely open” and would remain so for the duration of the 10-day ceasefire between Israel and Lebanon, which took effect on Friday.

Hailing Tehran’s announcement, Trump declared the waterway “ready for business and full passage,” but said the US Navy’s blockade of Iranian ports would remain in “full force” until the sides reached a peace deal.

On Saturday, however, Iran rowed back on its decision to reopen the Strait of Hormuz, warning that it would continue to block transit through the key waterway as long as the US blockade of Iranian ports remained in effect.

The announcement came after Trump said the blockade “will remain in full force” until Tehran reaches a deal with the US, including on its nuclear programme.

Roughly one-fifth of the world’s oil passes through Hormuz and further limits would squeeze already constrained supply, driving prices higher once again.

Amid the escalation, Pakistani officials say they are trying for more talks between the US and Iran ahead of the April 22 ceasefire deadline.

Meanwhile, ship tracking data displayed by MarineTraffic earlier on Saturday showed a significant uptick in vessels crossing the strait, which is located between Iran, the United Arab Emirates and Oman.

“It’s busy out there, the busiest I’ve seen it since the Strait of Hormuz was effectively closed at the beginning of the war,” Michelle Wiese Bockmann, an analyst at maritime intelligence firm Windward, said in a post on X.

“Last night there were few ships taking the risk but overnight there seems to have been a change.”

While Iran allowed a limited number of vetted ships to transit the waterway since the start of the war, traffic has remained at a trickle compared with pre-conflict levels.

The near-total closure of the strait has triggered one of the worst energy shocks in history, driving up fuel prices and prompting governments to roll out emergency measures.

Oil prices have swung wildly since the US and Israel launched strikes on Iran on February 28, hitting a post-conflict peak of $119 a barrel on March 19.

Earlier this year, tickets to see SZA perform at the Crypto Arena in Los Angeles were selling for $600 the day before they officially went on sale at $35 a piece.

In San Francisco, tickets to see Sam Smith at the newly renovated Castro Theater went on sale for $120, only to be quickly snatched up by scalpers and resold for upwards of $600.

Those are some of the stories that California lawmakers are citing as they advance two plans to change the ticketing landscape. One caps the extent to which resellers can mark up the original ticket price while the other prohibits resellers from selling tickets they don’t yet own.

Democratic Assemblymembers Issac Bryan of Culver City and Matt Haney of San Francisco are each carrying bills that they say would protect consumers from fraudulent and deceptive ticket sales.

Both measures are backed by the ticket market’s dominant seller, Beverly Hills-based Live Nation, which owns Ticketmaster. Its support has some worried that the bills will help the company crush its competitors and jack up prices.

A federal jury in New York this week found that the company illegally acted as a monopoly in a victory for, among others, California Attorney General Rob Bonta, who with colleagues in other states sued the company two years ago and kept going after federal prosecutors settled. Live Nation is now awaiting penalties.

Despite these headwinds, the ticket bills are sailing through the Legislature.

Supporters say the legislation has nothing to do with the antitrust case against Live Nation and helps consumers. Opponents disagree.

“The state Legislature should really be standing up for consumers instead of advancing bills that are there to help a monopoly that has been caught on record calling its fans stupid and has bragged about robbing them blind,” said Jose Barrera, national vice president for the far west region at the League of United Latin American Citizens, a civil rights advocacy group.

Ticketmaster’s competitors in the online resale market are lobbying against the measures, a sign that they view the proposals as a threat to their business.

Jack Sterne, StubHub’s head of policy communications, wrote to CalMatters, stating, “Passing laws that hand the Ticketmaster monopoly more power and don’t actually make tickets more affordable is the last thing California’s leaders should do.”

But Stephen Parker, executive director of the National Independent Venue Association, which is co-sponsoring the bills, argues that they will regulate the marketplace to better protect fans by limiting price gouging and encouraging the face value — or below face value — exchange of tickets.

“Ultimately, that is what these bills will do, in addition to making sure that the tickets are actually real,” he said. “That is a good thing for California consumers. It’s a good thing for artists and it’s a good thing for these small businesses and nonprofits that make up the independent stages across the state.”

A Live Nation spokesperson said in a statement to CalMatters, “The resale lobby constantly tries to change the subject by pointing fingers at Ticketmaster, even though it has less than 25% of the resale market. This has nothing to do with anyone’s monopoly, but rather is about protecting fans from scalpers and the resale sites that cater to them.”

The company has spent roughly $165,000 on lobbying efforts this legislative session, including to support Bryan’s bill.

‘Unlikely allies’

Bryan’s Assembly Bill 1349 would ban the sale of speculative tickets — or tickets that are not in the possession or ownership of the people who list them online. In an April hearing, Bryan said the bill protects consumers from predatory mark ups.

“This bill is so important that, after our introduction, it brought unlikely allies together,” Bryan said, according to the CalMatters Digital Democracy database. “In fact, this bill brought the Giants and the Dodgers together, brought the National Independent Venue Association and Live Nation together. It brought Kendrick Lamar and Kid Rock together. It brought Isaac Bryan and Donald Trump together.”

Several secondary ticket sellers are fighting the measure, including StubHub, SeatGeek and Vivid Seats. The three companies have spent roughly $1.1 million dollars on lobbying efforts this legislative session, which included opposition to Bryan’s bill.

People watch fireworks during Bad Bunny’s halftime show from a parking garage outside Super Bowl LX at Levi’s Stadium in Santa Clara on Feb. 8, 2026. Photo by Jungho Kim for CalMatters

Opponents including Robert Herrell, executive director for the Consumer Federation of California, argue that the bill strengthens Live Nation Ticketmaster’s grip on the ticketing and live entertainment industry. According to them, the measure would give Live Nation complete control over the ticket even after it has been purchased — meaning, for example, that consumers could lose the ability to sell it or give it away.

“There’s no consumer choice in the matter,” said Herrell. “They can keep people out of shows if they want to. There have been situations where, if you bought a ticket on the secondary market, you’ve been denied entry into a show.”
Proponents say Herrell and other opponents are mistaken. They say they are not trying to prevent transferability but rather, they want to protect fans from speculative costs.

“We want those rooms full,” said Ron Gubitz, executive director of Music Artists Coalition, which is co-sponsoring both bills. “So you have to be able to transfer a ticket. We just want it to be in a way that’s safe, trustworthy and not creating this run on the market that exists now.”

Gubitz pointed to a recent Bruno Mars concert, where tickets were on StubHub for $400 to $2,000 before they were on sale through Ticketmaster.

“That’s crazy,” he said. “That’s a speculative ticket that Bryan’s bill is trying to stop. That shouldn’t happen. It’s not fair to anybody, except for the secondary (market). It seems great for them.”

Price caps in a free market

Haney’s Assembly Bill 1720, also known as the California Fans First Act, would put a 10% cap on resale event ticket markups, inclusive of the ticket fees. In other words, a reseller could not charge more than 10% higher than the original ticket price.

In an interview with CalMatters, Haney said artists, independent venues and downtowns are currently being “screwed over and exploited” by scalpers and brokers.

“We can’t allow the status quo to continue if we want to ensure Californians have access to affordable tickets to see their favorite artists or if we want independent venues or the broader landscape of musicians and artists to thrive in our state,” he said.

Haney rejected the idea that his bill would strengthen the Live Nation Ticketmaster monopoly, saying that the company is one of the biggest operators and profiteers of the secondary ticket market and would therefore be subject to the same restrictions as any other platform or broker.

“I don’t think it’s a free market to allow folks to come in and buy up all these tickets and then create scarcity and then you’re now required to buy your ticket at a much higher price from someone who had nothing to do with the event,” he said. “This is not something we would ever allow for airplane tickets or even dinner reservations.”

The bill has been criticized by opponents like Diana Moss, vice president and director of competition policy at Progressive Policy Institute, who said price caps notoriously distort the market, describing them as “anti-consumer, anti-competitive and anti-artist.”

“If you shut down the resale market with price caps then guess what? Ticket buyers have no place to go but right back to Ticketmaster,” said Moss. “If (Live Nation) succeed(s) in decimating the resale market, then they steer millions and millions of fans back to their own ticketing platform where they charge monopoly ticket fees and where fans are hostage to their glitchy online platform and all of their data, privacy and security concerns that we always hear about in the news.”

Those concerns didn’t stop the bill from passing out of the Assembly Committee on Arts, Entertainment, Sports and Tourism last week with a 6-1 vote. The bill also passed out of the Assembly Committee on Privacy & Consumer Protection on Thursday with a 9-4 vote.

Mihalovich is a California Local News fellow for CalMatters.

The airline shared advice for passengers looking for the best deal on their holiday

Jet2 has issued a message for customers, letting them know that holiday prices can go up or down ‘at any time during booking’. The advice could be helpful for anyone looking for a deal on their next getaway, so customers don’t miss out on any offers.

The package holiday provider has explained that it uses a live pricing system, which can be affected by various factors. As such, customers may wish to book without delay when they spot a deal they’re interested in.

One customer took to social media to share their experience when looking at booking a trip, prompting Jet2 to explain its pricing system. In the post, a customer named Phil claimed: “Jet2tweets almost booked a holiday to Portugal, left it overnight, same holiday had increased by £600!”

In response, a Jet2 team member explained that holiday prices may fluctuate and customers are advised to book at a price they are happy with. In a response posted on April 16, Jet2tweets said: “Hi there Phil, thanks for reaching out.

“Please be advised that when looking for a holiday, the price shown next to ‘Holiday price from’ is live and can take some time to update throughout the website.

“We work on a live pricing system, which is affected by a number of variables such as customer demand, availability, and promotions, meaning our prices are subject to change and can fluctuate up or down at any time during booking.”

The reply continued: “Therefore, we’d always recommend booking at a price you are happy with. We apologise for any disappointment caused. Should you require any further assistance in the meantime, then please feel free to send us a DM.”

Given the response, customers who are wondering about the ‘best time’ to book a holiday may wish to book as soon as they find a deal at the price they want. For passengers looking for cheap flights, the airline also offers money-saving tips on its website.

In a FAQ section on Jet2’s website, the airline said: “What’s the cheapest month to fly? Travelling outside of school holidays, bank holidays and peak summer dates tends to offer the lowest fares.

“You can also find some bargains in the shoulder seasons too, like late autumn, winter and early spring. To find the best prices, check our Low Fare Finder and compare months at a glance.”

KATIE Price’s husband Lee Andrews has claimed he’ll move to the UK in May AND revealed details of a second wedding.

Katie, 47, married Lee, 43, in February following a whirlwind romance, and has since revealed she won’t be moving out to Dubai to be with him.

The former glamour girl, who last week was banned from driving for the seventh time, is settling into life with husband number 4, who is based in the UAE.

Lee popped the question to the star on January 23, and the couple tied the knot in Dubai just 48 hours later.

However, Katie later revealed they actually officially wed in February.

Today Lee is promising ANOTHER wedding.

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Posting on his Instagram Stories he shared an image of him with Katie, which read: “LEE ANDREWS CONFIRMS RETURN TO UK.

“With his gorgeous wife Katie to support her family and career commitments.

“The couple are stronger than ever and will make the commitment to live together this coming May.

“Ahead of their Winter Wedding this Year.”

Lee also posted a video of himself, where he gave fans an update on his relationship with Katie, and said: ” Life is good with us at the moment.

“We’ve got a lot going on and, uh, yes, we are making a good go of it in England.

“And then we’re also going to be sort of 50 50 in Dubai, which is our problem.

“It’s not really a problem.”

Lee’s revelation about coming to the UK comes after it was previously alleged that he is unable to leave Dubai after allegedly forging his ex-girlfriend Dina Taji’s signature to secure a £200,000 loan. He vehemently denies this.

The self-proclaimed businessman’s latest reveal also comes a week after Katie revealed she has no plans to move out to Dubai.

“I don’t know why people think I’m moving to Dubai,” Katie said in her recent YouTube vlog, which has since been removed but seen by The Sun.

“My family’s here. The husband is there, but the husband can come here and I can go to Dubai when I can.”

She added: “It’s a lot of hoo-ha.”

Also last week, Katie revealed she also had no current plans to go back out to Dubai anytime soon.

The TV star recently returned back to Britain, after an extended break out in Dubai to spend time with Lee.

Speaking in her YouTube vlog, Katie said: “I love that I’m back [in the UK].

“I’m not going to go to Dubai now for a bit. I’ve done my bit in Dubai and with everything going on there, it’s all quiet and I‘ve got things to do back here as well.

“I still want to sort the house out, work, even though I can work there, I just like being home, everything is here.

“Where I’ve been in Dubai, it hasn’t even been sunny, it’s been raining.”

Revealing her husband’s plans to visit her over here, she said: “But hopefully Lee will be flying to the UK soon.

“When he can, he’ll come over and just do normal stuff here.”

Meanwhile, Lee also told The Sun last month that he bought a £36million mansion for him and Katie, saying he paid in cash for their marital home.

Katie Price’s relationship history

We take a look back at the highs and lows of Katie Price’s relationship history.

1996-1998: Katie got engaged to Gladiators star Warren Furman – aka Ace – with a £3,000 ring. But their relationship didn’t make it as far as ‘I do’.

1998-2000: Katie described Dane Bowers as ‘the love of her life’ but she broke up with the singer after he allegedly cheated on her.

2001: Footballer Dwight Yorke is the father of Katie’s eldest child Harvey. He has had very little to do with his son throughout his life.

2002: Rebounding from Dwight, Katie famously had one night of passion with Pop Idol star Gareth Gates, allegedly taking his virginity.

2002-2004: Katie was dating Scott Sullivan when she entered the jungle for I’m A Celebrity…Get Me Out Of Here!. He threatened to “punch Peter’s lights out” when chemistry blossomed between her and Peter Andre.

2004-2009: The jungle romance resulted in Katie marrying Aussie pop star Peter. They had two kids, Junior and Princess, before their bitter split in 2009.

2010-2011: Fresh from her break-up with Peter, Katie enjoyed a whirlwind relationship and marriage with cage fighter Alex Reid. They split 20 months after their Las Vegas wedding.

2011: Katie briefly dated model Danny Cipriani… but it ended as quickly as it begun.

2011-2012: They didn’t speak the same language, but Katie got engaged to Argentinian model Leandro Penna in 2011. He later fled home to South America.

2012-2018: Wedding bells rang once more after Katie met Kieran Hayler in 2013. They eventually called it quits after a rocky marriage.

2018-2019: Katie moved on quickly with Kris Boyson. They had an on-off romance for one year and even got engaged. They split for good in 2019.

2019: Katie was linked to Charles Drury during her on-off relationship with Kris. Charles, who also dated Lauren Goodger, has always denied being in “official relationship” with her.

2020-2023: Car salesman Carl Woods took a shine to Katie in 2020. Their relationship was up and down for three years. They broke up for a final time last year.

2024-2026: After weeks of rumours, Katie confirmed her relationship with Married At First Sight star JJ Slater in February 2024. The pair split in January 2026 after two years together.

2026: Katie shocked fans when she revealed she had married Dubai-based businessman Lee Andrews after a 48-hour engagement and only knowing him a week.

As airlines grapple with the soaring jet fuel prices and global shortage due to the closure of the Strait of Hormuz, two more have been forced to increase their prices for passengers

Due to the escalating fuel crisis sparked by the Middle East conflict, two more airlines have been forced to raise their prices.

Air travel has been severely disrupted with cancelled routes and a sharp rise in jet fuel prices since US-Israeli strikes erupted on February 28, 2026. The situation was further heightened by Iran’s blockade of the Strait of Hormuz, through which approximately 20 per cent of the world’s oil and gas passes, triggering a global shortage.

As a result, airlines have been grappling with rising jet fuel costs and have been forced to raise prices. Air France and KLM are the latest airlines to confirm they’ve had to increase ticket prices as a result.

READ MORE: Major European airport issues ‘arrive early’ alert for all passengers amid delaysREAD MORE: EasyJet boss warns of summer price hike after £25million hit from jet fuel costs

The airlines, which are part of the same company Air France–KLM, had previously added a surcharge last month to offset soaring jet fuel prices. At the time, economy fares were bumped up by an extra €50 (£43.47) for a round trip, reported The Sun.

Now, with another increase announced, a long-haul round trip with Air France or KLM could cost an additional €50, bringing the fuel surcharge to €100 (£86.98) on top of the standard fare. Meanwhile, flights to the United States, Canada and Mexico could increase by €70 (£60.89), and an economy round-trip could cost an extra €10 (£8.70).

The Mirror has contacted Air France and KLM for comment.

Air France and KLM aren’t the only airlines to raise prices amid the ongoing fuel crisis. Just this week, it emerged that Virgin Atlantic had increased some flight costs with an extra £50 fuel surcharge on economy-class tickets, while premium economy fares are climbing by £180 and business class by £360.

Virgin Atlantic Chief Executive, Corneel Koster, warned travellers that flight prices could climb in the coming months and potentially throughout the remainder of the year. He said: “We have never seen jet fuel at this level and airlines cannot sustain those sorts of high costs.”

“If the fuel price goes much higher, I think the surcharges may go higher. If they go up in a week and you book in two weeks’ time, you’ll be paying higher.”

While there are no fuel shortages at present, Koster acknowledged it was impossible to guarantee supplies in the months ahead. “We have contracts with multiple suppliers who have a wide range of diversity of where the jet fuel comes from,” he explained.

“We have good visibility and no concern for the coming one to two months – certainly for the remainder of April and May. Beyond that I have less visibility, but that is quite normal.”

Meanwhile, it’s also been reported that airlines, such as JetBlue, have increased luggage fees in a bid to offset the soaring fuel costs. For off-peak economy fares, bags are expected to cost $4 more (£2.95), jumping to $39 (£28.79), while peak economy fares are set to be $49 (£36.17).

Do you have a travel story to share? Email webtravel@reachplc.com

Watch the moment a Democratic congresswoman tells the US Energy Secretary he is ‘living in a different world’ after his response to whether he’d adequately warned the White House that a war on Iran would have global consequences.

European stocks were mostly steady on Wednesday as investors weighed signals from Washington that a diplomatic breakthrough in the Iran war could be imminent.

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The pan-European Stoxx 600 had ticked down 0.1%, Germany’s Dax edged 0.11% higher and the FTSE 100 climbed 0.11%. The CAC 40 in France fell by a slightly greater margin, at 0.65%.

US President Donald Trump said fresh talks between Washington and Tehran “could be happening over the next two days” in Islamabad, signalling a possible diplomatic breakthrough, and added that the war was “very close to over” — despite continued uncertainty over key sticking points in negotiations.

Asian markets were broadly higher.

Japan’s Nikkei 225 gained 0.5%, South Korea’s Kospi jumped 3.0% and Hong Kong’s Hang Seng edged up 0.7%.

The Shanghai Composite added 0.2%, while Australia’s S&P/ASX 200 was little changed, up less than 0.1%.

On Wall Street, the S&P 500 added 1.2% to its gains from the previous day, and the index at the heart of many 401(k) accounts is now just 0.2% below its record set in January.

The Dow Jones Industrial Average rose 317 points, or 0.7%, while the Nasdaq Composite climbed 2%.

On Wednesday, benchmark US crude inched up by 1 cent to $91.29 a barrel.

Brent crude added 48 cents to $95.27, or less than 1%, after falling 4.6% the previous day. While that is still above its roughly $70 level from before the war began in late February, it remains well below the peak of $119.

Lower oil prices help reduce costs for businesses across the economy. However, some analysts noted that the war is still ongoing, warning that the optimism may prove unfounded.

“The counterintuitive decline in crude appears driven by growing hopes that a second round of peace talks between Washington and Tehran could soon materialise, after the first attempt fizzled out,” said Tim Waterer, chief market analyst at KCM Trade.

“Traders are clearly choosing to price in the possibility of de-escalation rather than the immediate reality of restricted flows,” he added.

Asian nations depend on access to the Strait of Hormuz, a narrow waterway that is the main route for crude oil produced in the Persian Gulf to reach customers worldwide. Disruptions there have kept oil off the global market, driving up prices.

Global inflation this year is expected to accelerate to 4.4% from 4.1% in 2025, according to the International Monetary Fund, which had previously forecast a slowdown to 3.8%.

The IMF also downgraded its forecast for global economic growth to 3.1% this year, from 3.3% projected in January.

Overall, the S&P 500 rose 81.14 points to 6,967.38. The Dow Jones Industrial Average gained 317.74 points to 48,535.99, while the Nasdaq Composite climbed 455.35 points to 23,639.08.

In the bond market, Treasury yields eased as falling oil prices reduced inflationary pressure. The yield on the 10-year Treasury fell to 4.25% from 4.30% late Monday.

In currency trading, the US dollar edged up to 159.03 Japanese yen from 158.79 yen. The euro stood at $1.1780, down from $1.1797.

US stocks climbed to the brink of a record high on Tuesday, while oil prices eased as hopes grew that Washington and Tehran may resume talks to end their war.

The S&P 500 rose 1.2%, leaving it just 0.2% below its January peak. The Dow Jones Industrial Average gained 0.7%, while the Nasdaq Composite jumped 2%, tracking broader global market gains.

Investors are betting that renewed diplomacy could prevent a prolonged surge in oil prices and inflation, allowing focus to return to corporate earnings.

Brent crude for June delivery fell 4.6% to $94.79, down from recent highs, though still above pre-war levels.

However, volatility remains high, with markets sensitive to developments around the Strait of Hormuz, a key route for global oil supply.

KATIE Price’s marriage to Lee Andrews is facing its first proper test as her family’s concerns, and her loyalty to them, have raised questions about the long-term future of the relationship.

The defiant 47-year-old publicly insists she’s head over heels with Lee, 41, sharing romantic quotes about true love and cosy selfies, but behind the scenes his seeming reluctance, or inability, to leave Dubai is causing issues.

Her family has made it clear they’re no fans of the union, with Katie and sister Sophie’s podcast taking a temporary break after the marriage blindsided her sibling.

A source said: “Katie felt like she was in a fairy tale when Lee swept her off her feet and showered her with love and a diamond engagement ring.

“The wedding and initial trips back and forth from Dubai only added to the romantic dream.

“But the growing concerns from friends, fans, and particularly family members, who Katie is very loyal to, began to take the shine off.”

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They continued: “The knock-on effect the war in Iran had on Dubai also made her realise how far away she was from home and she missed her kids.

“The toll was clear to see in her vlog when she snapped about staying in England and ruled out a permanent move to the Middle East.

“Though she’s still committed to Lee and being loved-up on socials, she knows her primary concern is her kids and all the luxury promises and multimillion pound villas won’t change that. There’s a niggling feeling how all of this is going to work long-term.”

Self-described multimillionaire businessman Lee denies he’s subject to a flight ban preventing him from leaving the UAE following three weeks spent in jail last year for allegedly obtaining funds by deception.

Numerous times he has gone on the record and said he is jetting to the UK to be with Katie only to U-turn and stay put.

In a YouTube vlog last week, a frustrated Katie questioned why people thought she was moving to Dubai and said it was for Lee to come to the UK if he wanted them to live together.

However, it is Lee who has spoken about buying a £36m mansion in cash for the pair to live in and start their own family.

If his timescale is to be believed, the couple should be in the property, on the prestigious Palm, now.

However, Katie remains in the UK.

Lee, who recently got “owned by Katie” tattooed on his lower back, has never met his stepchildren in the flesh.

Eldest son Harvey, 23, who has Prader-Willi Syndrome and autism, has a particularly close bond with Katie and she doesn’t like to be apart from him for too long.

While her kids with Peter Andre — Junior, 20, and Princess, 18, are forging their own successful media careers — they also maintain a strong relationship with their mum.

So far they have been diplomatic about their mum’s latest relationship, telling interviewers she is her own woman.

Katie’s beloved mum Amy, 73, is also living with a terminal lung condition (idiopathic pulmonary fibrosis) on the Isle of Wight.

Claims of abuse and narcissistic behaviour from ex-fiancée Alana Percival of Lee’s have horrified the family.

As have claims by American businesswoman Crystal Janke that she lost £123,000 when she invested money into Lee’s now dissolved business amid assurances she would see a £1m return.

The ‘Walter Mitty’ figure admitted to the Sun that he lied on his LinkedIn CV about his career, blaming a former assistant for including false information.

His sustainable vehicle business, which was registered in the British Virgin Islands, was dissolved in 2024 in official paperwork seen by the Sun, yet he insists that isn’t true.

Lee claims to have met Kim Kardashian and worked with her mum Kris, despite their team saying they have never met.

More recently, he has claimed to have submitted a £2bn offer to buy a majority stake in Chelsea FC.

There remains more questions than answers around the relationship, and Lee is facing an increasingly uphill battle to win around his doubters.

Katie Price’s relationship history

We take a look back at the highs and lows of Katie Price’s relationship history.

1996-1998: Katie got engaged to Gladiators star Warren Furman – aka Ace – with a £3,000 ring. But their relationship didn’t make it as far as ‘I do’.

1998-2000: Katie described Dane Bowers as ‘the love of her life’ but she broke up with the singer after he allegedly cheated on her.

2001: Footballer Dwight Yorke is the father of Katie’s eldest child Harvey. He has had very little to do with his son throughout his life.

2002: Rebounding from Dwight, Katie famously had one night of passion with Pop Idol star Gareth Gates, allegedly taking his virginity.

2002-2004: Katie was dating Scott Sullivan when she entered the jungle for I’m A Celebrity…Get Me Out Of Here!. He threatened to “punch Peter’s lights out” when chemistry blossomed between her and Peter Andre.

2004-2009: The jungle romance resulted in Katie marrying Aussie pop star Peter. They had two kids, Junior and Princess, before their bitter split in 2009.

2010-2011: Fresh from her break-up with Peter, Katie enjoyed a whirlwind relationship and marriage with cage fighter Alex Reid. They split 20 months after their Las Vegas wedding.

2011: Katie briefly dated model Danny Cipriani… but it ended as quickly as it begun.

2011-2012: They didn’t speak the same language, but Katie got engaged to Argentinian model Leandro Penna in 2011. He later fled home to South America.

2012-2018: Wedding bells rang once more after Katie met Kieran Hayler in 2013. They had two kids together, Jett and Bunny, before their break-up and divorce.

2018-2019: Katie moved on quickly with Kris Boyson. They had an on-off romance for one year and even got engaged. They split for good in 2019.

2019: Katie was linked to Charles Drury during her on-off relationship with Kris. Charles, who also dated Lauren Goodger, has always denied being in “official relationship” with her.

2020-2023: Car salesman Carl Woods took a shine to Katie in 2020. Their relationship was up and down for three years and finally ended after a failed IVF attempt.

2024-2026: After weeks of rumours, Katie confirmed her relationship with Married At First Sight star JJ Slater in February 2024. The pair split in January 2026 after two years together.

2026: Katie shocked fans when she revealed she was engaged and then married to businessman Lee Andrews.

Shipping costs have increased by more than 10 percent in the past month due to the US-Israel war on Iran.

Shipping and oil costs have continued to surge a month after United States President Donald Trump issued a waiver for the Jones Act, a maritime law that bars foreign-flagged vessels from transporting goods between US ports.

The 60-day waiver came into effect on March 18, as the movement of energy supplies through the Strait of Hormuz, a strategic waterway that carries roughly 20 percent of the world’s oil and liquefied natural gas supply, was choked off on account of the US-Israel war on Iran.

Under the Jones Act, goods shipped between US ports must be carried on vessels that are US-built, US-flagged and mostly US-owned, limiting the number of tankers available for domestic shipments.

The Trump administration argued that the temporary waiver of the law would lower energy costs. As the waiver approaches the 30-day mark, it has had little impact on oil prices.

“It is estimated that it’s going to be about 3 cents on the East Coast and it might go up on the Gulf Coast, but these changes are so small that they’re overshadowed by the spikes in oil prices, and the oil prices keep going up,” Usha Haley, a professor of management at the Wichita State University, told Al Jazeera.

“It is minuscule, a drop in the bucket compared to the rise in oil prices.”

Oil prices have continued to rise amid the ongoing conflict, which is disrupting transit through the Strait of Hormuz.

Brent crude futures rose 4 percent on the day amid a US blockade of Iranian ports, reaching $98.91 after hitting $101.03 earlier in the day. US West Texas Intermediate (WTI) crude rose $2.53, or 2.6 percent, to $99.10.

The US Navy imposed a blockade of Iranian ports on Monday to prevent the movement of oil to and from Iran after talks between US and Iranian negotiators failed to reach an agreement.

The strain is also hitting consumers at the petrol pump in the US. The American Automobile Association reports that the average price of gas is $4.125 per gallon (3.78 litres), compared with $3.63 at this time last month.

Meanwhile, shippers have adapted their routes, with more than 34,000 ships diverting from the strait over the past month.

The Containerized Freight Index, the benchmark for shipping container costs, jumped more than 10 percent over the last month, and is up more than 35 percent from this time last year, amid pressure on the market to find alternative shipping strategies.

In March, Maersk and Hapag-Lloyd suspended vessel routes through the strait, a waterway connecting the Gulf of Oman and the Gulf.

Also in March, within days of the start of the US-Israel war on Iran, several major vessel insurers cancelled war risk coverage for ships travelling through the waterway, including Norwegian insurers Gard and Skuld, as well as the United Kingdom’s NorthStandard, dissuading ship owners from going through the Gulf.

Since then, even though maritime insurance has become available – at 10 times the price as before the war on Iran – fuel prices are expected to normalise only once traffic through the strait goes back to pre-war levels, experts have said.

Asian stocks fall as naval blockade threat injects new turmoil into financial markets.

Oil prices have risen sharply following US President Donald Trump’s announcement of a naval blockade of Iran.

Brent crude, the international benchmark, rose more than 8 percent on Sunday to top $103 a barrel.

It was the first time the benchmark rose above the psychologically important threshold of $100 since Tuesday, when prices surpassed $111 a barrel.

Trump announced on Sunday that the US Navy would block all ships from entering or exiting the Strait of Hormuz, following the collapse of ceasefire talks between US and Iranian officials over the weekend.

US Central Command said in a later statement that it would only block vessels travelling to and from Iran and that other traffic would not be impeded, in an apparent scaling back of Trump’s threat to impose a full blockade.

The command said the blockade would take effect on Monday at 10am Eastern Time (14:00 GMT).

Oil prices have been a rollercoaster since US-Israeli strikes on Iran prompted Tehran to impose a de facto blockade of the Strait of Hormuz, a conduit for about one-fifth of global oil and natural gas supplies.

After topping $119 last month, Brent fell below $92 a barrel last week after the US and Iran announced a two-week ceasefire following more than six weeks of war.

While Iran has allowed a limited number of ships to transit the waterway, subject to prior vetting and authorisation, traffic has been reduced to a trickle compared with peacetime levels.

Despite Washington and Tehran’s fragile truce officially remaining in place until April 22, only 17 vessels crossed the strait on Saturday, according to maritime intelligence firm Windward, down from roughly 130 daily transits before the war.

Major stock markets in Asia opened lower on Monday as Trump’s blockade threat stoked uncertainty on trading floors.

Japan’s benchmark Nikkei 225 fell 0.9 percent in morning trading, while South Korea’s KOSPI dropped more than 1 percent.

US stock futures, which are traded outside of regular market hours, also fell, with those tied to the benchmark S&P 500 down about 0.8 percent.

U.S. President Donald Trump acknowledged that oil and gasoline prices could remain elevated through the fall, signaling potential political and economic consequences from the ongoing conflict with Iran.

“It could be, or the same, or maybe a little bit higher, but it should

KATIE Price’s teenage daughter Princess was spotted driving her mum to a beauty salon after the star’s SEVENTH driving ban.

The former glamour model, 47, has been stopped from getting behind the wheel for six months after failing to respond to police letters about an 80 mph speeding ticket.

But today Katie was spotted being driven by her daughter Princess, 18.

The pair looked happy and relaxed as they headed off for a spot of pampering.

Katie was seen sitting in the passenger seat as her stunning daughter drove her to the salon in her posh car.

The mum and daughter, who recently had a strained relationship, were both dressed in summery outfits.

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Princess had striped trousers and a crop top on, while Katie opted for shorts and a sweatshirt.

Katie needs to be driven around now after getting her seventh driving ban.

The star was clocked breaking the law in a Ford Capri on the A64 in North Yorkshire back in October ahead of a theatre gig in Scarborough with Kerry Katona.

However, yesterday Katie’s Dubai-based husband Lee, 43, told The Sun that she will soon receive her UAE license issued by Dubai’s Roads and Transport Authority.

He added that she will also be granted her Golden Visa via spousal sponsorship. The long-term residence visa allows foreign nationals to live and work in the country for a period of five or 10 years.

A key requirement of the visa application process is to provide a marriage certificate attested by the Ministry of Foreign Affairs (MoFA) in the UAE.

Katie and Lee had a symbolic ceremony in January in Dubai, before making it official in Abu Dhabi’s judicial department weeks later.

This month marks a move to make the digital links between the DVLA in the UK and the RTA stronger.

It means Katie may face new hurdles to a road return in the Middle East.

If the license was issued prior to her ban, she could be allowed to drive in Dubai, though she will be legally required to disclose her UK ban to her insurer. Failure to do so could lead to deportation, a fine or even jail time.

However, if the application was submitted after the ban was handed down and the RTA checks the status of her foreign licenses it will be rejected.

When asked if Katie would be eligible to drive in Dubai, a spokesperson said: “I have no idea. It’s something she’ll have to look into.”

Katie was first banned for six months in December 2010 after admitting a speeding charge. She was then disqualified for a year in 2012 after failing to respond to speeding tickets, and she received another six-month ban in February 2018 after being caught speeding.

In January 2019, she was in court again to admit driving while disqualified, leading to a three-month ban.

And just a month later she was convicted by a judge of being drunk in charge of a vehicle when it was seen by police to swerve off the road and hit a grass verge.

Katie claimed that a mystery man had been at the wheel and left the scene before officers arrived, but a judge concluded her evidence was “not plausible”.

Later in 2019, she was convicted of failing to disclose the name of the driver following a car crash, which led to her receiving an 18-month road ban.

And in 2021, a judge condemned Katie for “one of the worst driving records I have ever seen”, as she was given a 16-week suspended prison sentence for drink-driving while disqualified and without insurance.

Katie had flipped her car and told police at the scene: “I took drugs, I should not be driving, I admit it all.”

The incident landed her with a two-year driving ban, as well as 100 hours of community service and up to 30 rehabilitation sessions.

In 2024, Katie was fined £880 for driving without a licence and insurance in Northamptonshire, but she was spared a ban for those offences.

Her latest conviction and driving disqualification was dealt with last week in the Single Justice Procedure, a secretive court process where magistrates deal with criminal cases behind closed doors.

Katie Price’s relationship history

We take a look back at the highs and lows of Katie Price’s relationship history.

1996-1998: Katie got engaged to Gladiators star Warren Furman – aka Ace – with a £3,000 ring. But their relationship didn’t make it as far as ‘I do’.

1998-2000: Katie described Dane Bowers as ‘the love of her life’ but she broke up with the singer after he allegedly cheated on her.

2001: Footballer Dwight Yorke is the father of Katie’s eldest child Harvey. He has had very little to do with his son throughout his life.

2002: Rebounding from Dwight, Katie famously had one night of passion with Pop Idol star Gareth Gates, allegedly taking his virginity.

2002-2004: Katie was dating Scott Sullivan when she entered the jungle for I’m A Celebrity…Get Me Out Of Here!. He threatened to “punch Peter’s lights out” when chemistry blossomed between her and Peter Andre.

2004-2009: The jungle romance resulted in Katie marrying Aussie pop star Peter. They had two kids, Junior and Princess, before their bitter split in 2009.

2010-2011: Fresh from her break-up with Peter, Katie enjoyed a whirlwind relationship and marriage with cage fighter Alex Reid. They split 20 months after their Las Vegas wedding.

2011: Katie briefly dated model Danny Cipriani… but it ended as quickly as it begun.

2011-2012: They didn’t speak the same language, but Katie got engaged to Argentinian model Leandro Penna in 2011. He later fled home to South America.

2012-2018: Wedding bells rang once more after Katie met Kieran Hayler in 2013. They eventually called it quits after a rocky marriage.

2018-2019: Katie moved on quickly with Kris Boyson. They had an on-off romance for one year and even got engaged. They split for good in 2019.

2019: Katie was linked to Charles Drury during her on-off relationship with Kris. Charles, who also dated Lauren Goodger, has always denied being in “official relationship” with her.

2020-2023: Car salesman Carl Woods took a shine to Katie in 2020. Their relationship was up and down for three years. They broke up for a final time last year.

2024-2026: After weeks of rumours, Katie confirmed her relationship with Married At First Sight star JJ Slater in February 2024. The pair split in January 2026 after two years together.

2026: Katie shocked fans when she revealed she had married Dubai-based businessman Lee Andrews after a 48-hour engagement and only knowing him a week.