Business
Is Dubai International Airport Open Today? DXB Operating Amid Delays as Mideast Tensions Flare Again
Dubai International Airport remains open and operational today, with flights continuing to move through all three of its terminals, though the airport is currently managing a wave of delays and a smaller number of cancellations as renewed fighting between the United States and Iran once again disrupts regional air travel.
Dubai Airports’ official flight information system shows the world’s busiest international airport by passenger volume handling its usual heavy schedule of arrivals and departures Monday, with major carriers including Emirates and flydubai continuing to operate as the backbone of connectivity through the hub. Weather conditions at the airport remained clear as of early Monday, with visibility and wind conditions posing no operational obstacles, according to aviation weather data from FlightAware.
Despite remaining open, DXB is currently experiencing significant operational strain. As of Sunday evening, the airport had recorded 257 flight delays and 21 cancellations affecting airlines and passengers across a wide range of international routes, according to data compiled by Travel And Tour World using FlightAware figures. Emirates recorded the highest number of delays among individual carriers, with 126 affected flights, while flydubai reported 81 delays, together accounting for the majority of disruption at the airport given their extensive combined route networks. Saudia faced the largest impact among cancellations, with 16 flights called off, followed by smaller cancellation totals from Air Astana, Ariana Afghan and flyadeal.
The disruption has rippled outward to airports connected to Dubai across multiple continents, affecting routes to and from Saudi Arabia, India, Bangladesh, Sri Lanka, Europe, Southeast Asia, Africa, North America and Australia. Saudi Arabia recorded some of the most significant secondary impacts, with King Khalid International Airport in Riyadh logging five cancellations and two delays, and King Abdulaziz International Airport in Jeddah recording five cancellations and one delay tied to the broader disruption.
The current strain traces directly back to this weekend’s sharp escalation in the U.S.-Iran conflict. The United States launched a third round of strikes against Iran over the weekend after Iran’s Revolutionary Guard Corps attacked a Cyprus-flagged container ship transiting the Strait of Hormuz, prompting Iran to declare the strait closed and to launch retaliatory drone and missile attacks against several U.S.-allied Gulf states, including Bahrain, Kuwait, Qatar, Jordan and Oman. While the United Arab Emirates was not among the countries directly targeted in Sunday’s retaliatory strikes, the broader regional volatility has continued to complicate flight scheduling and routing across the Gulf, contributing to the delays and cancellations recorded at DXB.
Monday’s disruption follows what had otherwise been a period of significant recovery for Dubai’s aviation sector. DXB resumed largely normal operations as of July 1 following a difficult four-month stretch triggered by the initial outbreak of the U.S.-Iran conflict in late February, according to earlier reporting. During the height of that crisis, regional airspace closures forced cancellations and flight suspensions across multiple carriers, with some airlines instructing passengers not to travel to the airport until their flights were reconfirmed. Even so, DXB never formally closed its own airspace during the conflict’s most intense phases, continuing to operate with more than 220 combined daily departures from Emirates and flydubai even as many foreign carriers temporarily suspended their own Gulf routes.
That recovery accelerated following a tentative U.S.-Iran ceasefire that took effect in April, which triggered a series of successive airline reinstatements. British Airways announced it would resume flights to Dubai starting July 1, though at a reduced scale, moving from three daily flights down to one, marking the first concrete return date named by a major European carrier following the crisis. Qatar Airways had already resumed daily Dubai flights beginning April 23, with other Gulf carriers, including Saudia, returning to the route around the same time. As of Monday, several major international airlines continue maintaining regular service to and from Dubai, including Emirates, flydubai, Etihad Airways, Qatar Airways, Turkish Airlines, British Airways, Lufthansa, Air India, IndiGo and Singapore Airlines, though some carriers continue routing flights along alternative flight paths to avoid restricted airspace in adjacent regions.
Travel advisory services have continued to characterize Dubai as broadly safe and operational for travelers despite the region’s underlying volatility. According to travel blog Wego, Dubai International Airport and Al Maktoum International Airport, DXB’s secondary hub, both remain open and operating, with UAE airspace itself unrestricted. The United Kingdom’s Foreign, Commonwealth and Development Office lifted its advisory against all but essential travel to the UAE on June 18, though it continues to warn that the regional situation remains unpredictable and that attacks could resume with little notice, guidance that Sunday’s renewed escalation has now borne out. The U.S. State Department continues to list the UAE at a Level 3 “Reconsider Travel” advisory, a designation dated from March, while Australia’s Smartraveller service maintains a similarly cautious Level 3 rating for the country.
Emirates, DXB’s largest carrier, has continued operating roughly 96% of its normal route network even amid the region’s ongoing instability, according to Wego’s tracking, with only a handful of specific routes remaining suspended. Passengers with flights connecting through Dubai are being advised by multiple travel information services, including Trip.com, to confirm their specific flight status directly with their airline before heading to the airport, given that individual routes may continue to be affected by rerouting or scheduling adjustments even as the airport as a whole remains functional.
For travelers currently affected by delays or cancellations tied to Monday’s disruption, airlines including Emirates and flydubai are managing rebooking and schedule adjustments on a route-by-route basis, with passengers encouraged to monitor official channels for the most current information given how rapidly conditions have shifted since the weekend’s escalation. Dubai Airports has continued to advise passengers against traveling to either DXB or Al Maktoum International Airport without a confirmed departure time obtained directly from their airline, guidance that has remained in place intermittently throughout the year’s broader disruption.
Overall, while Dubai International Airport remains open and functioning today, with the majority of its usual flight volume still moving through its terminals, Monday’s elevated delay and cancellation figures illustrate how quickly renewed hostilities in the region can once again strain even a hub that had only recently returned to something resembling normal operations. Travelers with upcoming trips through Dubai are advised to treat the situation as fluid and to check both airline-specific and official Dubai Airports channels for the latest updates before departing for the airport.
Business
US FAA approves 737 MAX-7 for production, sends Boeing shares up 5%

US FAA approves 737 MAX-7 for production, sends Boeing shares up 5%
Business
Oil prices fall sharply as Trump signals Iran deal on Hormuz Strait
FOX Business Cheryl Casone breaks down tumbling oil prices amid U.S.-Iran deal hopes and falling Treasury yields. Carter Intelligence Group CEO Lee Carter joins the panel to discuss the psychological impact of lower gas prices on consumers.
Oil prices fell on Monday as markets embraced hopes for the de-escalation of the Iran war, despite uncertainty over the prospects for a Federal Reserve interest rate hike.
President Donald Trump on Sunday signaled he was holding off on ordering fresh strikes against Iran and said he did so because U.S. allies in the Middle East have reached the outline of an agreement to end the war, adding it would “include the Immediate, Complete and Total OPENING OF THE HORMUZ STRAIT, and an end to Iran’s nuclear threat.”
Trump indicated the negotiations would begin on Monday afternoon, which caused oil prices to slide on the potential deal to restore the flow of oil shipments through the Strait of Hormuz that have been constrained amid the threat of Iranian attacks and mines amid the conflict.
Prices for West Texas Intermediate crude, a key U.S. benchmark, were down about 6.2% during Monday morning, trading around $79.45 a barrel after a decline of about $5. Brent crude oil prices were down over 3.5% at around $79.30 a barrel.
FORGET GASOLINE: THIS OVERLOOKED FUEL COULD RAISE THE PRICE OF NEARLY EVERYTHING YOU BUY

Oil prices fell on Monday on the prospect of a deal to end the Iran war. (Todd Korol/Reuters)
A spokesman for Iran’s foreign ministry said in a report by Reuters that no negotiations with the U.S. were occurring or scheduled, adding that the only ongoing discussions were with Oman over the management of the Strait of Hormuz.
Oil prices spiked above $110 a barrel earlier this year as the conflict disrupted oil shipments from the Middle East, as tanker traffic plummeted due to the threat of missile and drone strikes by Iran as well as mines laid in the key shipping lanes of the Strait.
AAA NATIONAL GAS PRICE TOPS $4 AMID RENEWED US STRIKES ON IRAN

The Strait of Hormuz is a key chokepoint for maritime oil flows through the Middle East. (Amanda Macias/Fox News Digital)
Before the outbreak of the conflict, oil prices were in the $60 to $70 a barrel range, and the rise caused gas prices in the U.S. to surge. The national average price for a gallon of regular gasoline was $4.095 as of Monday, up 7% from a month ago and 30% from a year ago, which has pressured household budgets.
Trump wrote in a post on his Truth social media platform that Chevron CEO Mike Wirth gave “all of the reasons that his company is doing so well,” in an interview with FOX Business’ Maria Bartiromo, but added that his administration has helped facilitate that success and urged him to lower prices for consumers.

Oil shipments through the Strait of Hormuz have been severely constrained due to the risk of Iranian attacks. (Giuseppe Cacace/AFP via Getty Images)
“The only thing he conveniently forgot to mention is that, without the genius, foresight, strength, and stability, of the TRUMP Administration, the Oil Industry, and our Country itself, would be DEAD! As an example, they threw Mike and Chevron out of Venezuela, but now they’re back, far bigger and stronger than ever before, expecting to make a fortune! That goes for other Oil Companies as well…and get your consumer (retail!) Oil Prices DOWN, NOW!” Trump wrote.
The White House has previously criticized gas stations for not lowering prices, accusing them of padding profit margins.
Groups representing smaller gas stations and energy marketers have pushed back on the argument, saying that retail prices are linked to oil prices and that they typically decline over several weeks after oil prices decline due to the need to turn over higher-cost inventory.
Business
Sugar’s natural halo keeping it resilient

Consumers cutting back on HFCS, not sugar, recent report says.
Business
Kansai Nerolac Q1 profit rises 5%; approves Rs 601 crore capacity expansion
Consolidated net profit rose to Rs 228.41 crore from a year earlier, while revenue increased nearly 10% to Rs 2,374 crore.
Demand remained healthy in both decorative and industrial paints despite geopolitical tensions and was supported by the delayed onset of the monsoon, managing director Pravin Chaudhari said.
“Looking ahead, we anticipate that demand in both market segments will continue to remain strong despite an erratic monsoon and prevailing geopolitical situation,” he said. “Additionally, Diwali being later this year, should add a fillip to the festive demand,” he said.
Chaudhari said the geopolitical situation in West Asia disrupted supply chains and sharply increased raw material prices from March. While conditions improved midway through the June quarter, the company would continue to monitor the situation closely.
The company raised prices during the quarter to partly offset higher raw material costs. Total expenses rose more than 10% to Rs 2,116 crore, while consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) increased 7.7% to Rs 335.89 crore.
On a standalone basis, revenue rose 10% to Rs 2,299 crore, while Ebitda increased 8% to Rs 336 crore.The company announced its results after market hours on Monday. Its shares closed 3.6% higher at Rs 203.95 on the BSE.
Capacity expansion approved
The board has approved capacity expansion for industrial paints, powder coatings and industrial resins across three manufacturing facilities.
Industrial paint capacity will be expanded at the Sayakha, Bawal and Hosur plants at an investment of Rs 412 crore.
“In view of the estimated growth in automotive paint industry, capacity additions are being carried out,” the company said in an exchange filing.
The company will invest another Rs 189 crore to expand powder coating and industrial resin capacity at the Sayakha plant.
The projects will be funded through internal accruals and are expected to be completed in phases by the end of fiscal 2029.
Business
European shares start August higher on US-Iran diplomacy hopes

European shares start August higher on US-Iran diplomacy hopes
Business
Thornburg Municipal Bond Funds Q2 2026 Commentary
Thornburg Investment Management is a privately owned global investment firm that offers a range of multi-strategy solutions for institutions and financial advisors. A recognized leader in fixed income, equity, and alternatives investing, the firm oversees mutual funds, institutional accounts, separate accounts for high-net-worth investors, and UCITS funds for non-U.S. investors. Thornburg was founded in 1982 and is headquartered in Santa Fe, NM. Note: This account is not managed or monitored by Thornburg Investment Management, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Thornburg Investment Management’s official channels.
Business
CAVA: Growth Is Being Borrowed From The Future – Sell Now Before Q2 Earnings (NYSE:CAVA)
Investing wisely does not have to be rocket science. It is about discipline and running the numbers. You don’t have to be like a grandmaster chess player playing the game twenty moves ahead of your opponent, you just need to understand how the pieces work.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
Rise Baking completes acquisition of Jimmy’s

Commercial baker expands capabilities in cookie category.
Business
$360M, highest domestic opening ever
Tom Holland stars as Peter Parker, aka Spider-Man in Sony and Marvel’s “Spider-Man: Brand New Day.”
Sony
There’s a new king of the domestic box office.
Sony and Marvel’s “Spider-Man: Brand New Day” webbed up more than $360 million during its opening weekend in the U.S. and Canada, breaking the record for the highest-grossing debut of all time. The previous record was $357 million, set by “Avengers: Endgame” in 2019.
Globally, the latest Spider-Man installment tallied $932 million, shy of the $1.2 billion record still held by “Endgame.”
The Tom Holland-led “Brand New Day” kicked off with record-shattering Thursday preview sales and snared $169.3 million on Friday, including presales, and $101.5 million on Saturday. Sony had initially projected an $84 million Sunday, but moviegoers flocked to theaters, driving ticket sales to $88.7 million for the day.
The film’s opening weekend also marked the biggest opening weekend in Sony Pictures history and the biggest debut for the Spider-Man franchise.
The feat comes even as “Brand New Day” was boxed out of Imax screens, which were snapped up for Christopher Nolan’s and Universal’s “The Odyssey.” Rival premium large formats thrived, however, as Dolby Cinema, ScreenX and 4DX all reported record-breaking ticket sales over the weekend.
“Brand New Day” is on pace to be the fourth billion-dollar film of 2026, joining Pixar’s “Toy Story 5,” Lionsgate’s “Michael” and Universal and Illumination’s “The Super Mario Galaxy Movie.”
Business
California Democratic Party supports billionaire wealth tax proposal
Altman Brothers Real Estate Owner Josh Altman discusses LeBron James facing California’s wealth tax despite moving to Philadelphia on ‘Varney & Co.’
The California Democratic Party is supporting a proposed one-time wealth tax on billionaires of up to 5%.
Californians will decide whether to adopt the proposal during the 2026 midterm election.
The party’s executive board voted in favor of backing the proposal on Sunday, according to The Sacramento Bee.
BILLIONS IN TAXPAYER INCOME ARE LEAVING TWO ICONIC STATES — AS A NEW ECONOMIC MAP EMERGES

A supporter with the Billionaire Tax Now coalition holds a placard during a media briefing in Los Angeles on April 27, 2026. (Frederic J. BROWN / AFP via Getty Images / Getty Images)
The San Francisco Standard reported that according to Jane Natoli, who sits on the party’s resolutions committee, an initial vote barely failed to clear the 60% bar required for ratification, earning 59.2% support. But another vote cleared the threshold, scoring about 61.7% support, the outlet noted.
As the close votes demonstrated, Democrats are divided on the issue.
SOME RICH CALIFORNIANS ARE GIVING AWAY CASH TO SKIRT THE STATE’S PROPOSED BILLIONAIRE TAX

A voting booth as a voter casts their ballot at a polling location inside Echo Park Branch Library during a primary election in Los Angeles on Tuesday, June 2, 2026. (Kyle Grillot/Bloomberg via Getty Images / Getty Images)
U.S. Rep. Ro Khanna, D-Calif., supports the proposal.
But Gov. Gavin Newsom, who is term-limited from running for re-election, has said he will vote against it.

California Gov. Gavin Newsom speaks during a press conference for a bill signing for a housing affordability reforms event in Oakland, California, on July 13, 2026. (Tayfun Coskun/Anadolu via Getty Images / Getty Images)
CLICK HERE TO DOWNLOAD THE FOX NEWS APP
“But I’m voting no because this measure dedicates almost all of the revenue it raises to a single category of state spending,” he wrote in a June Substack post. “So here is what I support: A national billionaires’ tax. A true minimum tax on billionaires — a modern Buffett Rule — that ensures the people at the very top pay at least the tax rate their own workers pay.”
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