IEA: Oil market tighter than it seems despite forecast surplus
The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising ref...
A nationwide transport strike on Friday disrupted travel across Italy, with major delays and cancellations reported in rail, air, and public transit services.
Italy’s transport sector came to a standstill on Friday following a one-day national strike declared by trade unions representing workers in local public transit, railways, and air transport, according to local media.
The strike has severely affected bus, metro, and tram operations in Rome and other major cities, leaving passengers stranded and causing widespread commuter frustration. Central stations in cities such as Milan, Naples, and Florence were reported to be overcrowded due to reduced services and delays.
Rail disruptions included the cancellation of several high-speed, regional, and intercity train services, while others faced significant delays.
Airports were also hit hard. Strikes by ground and support staff at Rome’s Fiumicino and Ciampino airports, as well as Milan’s Linate and Malpensa airports, led to flight delays and cancellations. Airlines began offering free rebooking and compensation to affected travellers.
The strike had a knock-on effect on traffic congestion in urban areas such as Turin, Genoa, Bologna, and Venice, as more people resorted to private vehicles.
The unions said the strike was called to demand improved working conditions, better contracts, and increased investment in the public transport system.
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The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising refinery activity and seasonal summer demand as key drivers of short-term market pressure.
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