AirAsia Group co-founder Tony Fernandes said he expects jet fuel costs of $160-$190 per barrel.

Trade sources said on Friday Saudi Arabia this month sold about 60 million barrels of crude from Ras Tanura for ship‑to‑ship loading at Oman’s Sohar port. Higher exports from inside the Gulf have cooled global oil prices by partly offsetting volumes lost from Yanbu after Houthi attacks on the east‑west pipeline. South Korean refiners were the main buyers, with some cargoes headed to India and Japan.

India's technology minister said India has secured investment commitments from the equipment, materials and chemicals sectors.