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Airlines Slash Flights as Jet Fuel Costs Surge, Squeezing Travellers and Markets

  Airlines Slash Flights as Jet Fuel Costs Surge Canadian travellers are facing fewer flight options and higher fares as jet fuel prices spike to multi‑year highs , forcing Air Canada and Air Transat to cut capacity across key routes. The surge in fuel costs is tied directly to the ongoing Iran conflict , which has disrupted global oil flows and pushed energy markets into another period of volatility. Air Transat is reducing service to Europe and the Caribbean, while Air Canada is suspending several regional and international routes it now considers unprofitable. For consumers, this means higher ticket prices, more crowded flights, and fewer choices heading into the summer travel season . Impact on the Economy and Inflation Airlines passing fuel costs to passengers adds fresh pressure to Canada’s already‑stubborn inflation outlook. Travel inflation — which had been easing — is now expected to rise again, complicating the Bank of Canada’s path toward rate cuts. Higher travel costs a...
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Putin: Islamic Extremists Behind Moscow Concert Hall Massacre, But Masterminds Remain Elusive

 

Russian President Vladimir Putin has publicly attributed the horrifying attack at a suburban Moscow concert hall to “radical Islamists.” The assailants, who mercilessly claimed the lives of 139 people, left the city in shock and mourning. However, the mystery surrounding the orchestrators of this bloodshed persists.

On Friday night, the Crocus City Hall music venue on the western outskirts of Moscow turned into a scene of unimaginable horror. The attackers, armed with deadly intent, unleashed chaos, leaving more than 180 injured in addition to the fatalities. This tragedy stands as the deadliest attack in Russia in years.

Putin, addressing government officials, emphasized that the perpetrators were “extremists whose ideology the Islamic world has been fighting for centuries.” Despite the arrest of four gunmen attempting to flee to Ukraine, investigators have yet to pinpoint the masterminds behind this calculated assault. The critical question remains: Who ordered the attack?

While Ukraine vehemently denies any involvement, Putin has not ruled out their potential role. He asserted that it is crucial to understand “why the terrorists after committing their crime tried to flee to Ukraine and who was waiting for them there.” The Islamic State group’s Afghanistan affiliate claimed responsibility for the attack, and U.S. intelligence corroborated their claims. French President Emmanuel Macron also pointed to “an IS entity” as the force behind the Moscow tragedy.

Putin warned that this incident might not be isolated. He suggested that more attacks could follow, hinting at possible Western involvement. The U.S. confidentially shared a warning about imminent terror attacks with Moscow two weeks before the raid, but Putin remains skeptical. He criticized the U.S. Embassy’s prior notice to Americans, viewing it as an attempt to “blackmail” the Kremlin.

Putin further accused Ukraine of launching cross-border attacks on Russian regions, using terror as a tool. He framed the Moscow concert hall massacre as a “logical part of this chain.” As the investigation continues, the world awaits answers, and the victims’ families seek justice.

In the aftermath of this tragedy, the haunting question lingers: Who orchestrated this bloodshed, and what motivated them? Until the masterminds are unmasked, the shadows cast by this horrific event will persist, leaving a scar on Moscow’s collective memory.

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