A temporary US-Iran ceasefire has led to the reopening of the Strait of Hormuz, a critical oil transit route.
Despite crude oil flow resumption, global jet fuel markets are expected to remain unstable for months due to disrupted refining capacity in the Middle East.
The International Air Transport Association (IATA) warns of continued high airfares and slow recovery for the aviation sector.
Jet fuel, accounting for approximately 27% of airline operating costs, has seen prices more than double during the conflict.
US-Iran relations, Middle East stability, and their impact on international power dynamics.
Dependence on critical chokepoints like the Strait of Hormuz and the resilience of global oil supply chains.
Impact of oil prices on inflation, trade balances, and economic growth worldwide.
Operational costs, passenger fares, route planning, and overall recovery from global disruptions.
Trade association for the world's airlines, representing around 320 airlines (83% of total air traffic). It supports airline activity and helps formulate industry policy and standards.
GS Paper 2: International Relations (Effect of policies and politics of developed and developing countries on India’s interests); GS Paper 3: Economy (Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment), Security (Challenges to internal security through communication networks, role of media and social networking sites in internal security challenges, basics of cyber security; money-laundering and its prevention).
General Awareness (Current Affairs, Economy, Geography of important places).
General/Financial Awareness (Economic news, International organizations, Global events).
General Awareness (Current Affairs, Geography, Basic Economy).
General Awareness (Geopolitics, International Relations, Energy Security).
Consider the following statements: 1. Ballistic missiles are jet-propelled at subsonic speeds throughout their flights, while cruise missiles are rocket-powered only in the initial phase of flight. 2. Agni-V is a medium-range supersonic cruise missile, while BrahMos is a solid-fuelled intercontinental ballistic missile. Which of the statements given above is/are correct?
Answer: Neither 1 nor 2
With reference to Home Guards, consider the following statements: 1. Home Guards are raised under the Home Guards Act and Rules of the Central Government. 2. The role of the Home Guards is to serve as an auxiliary force to the police in maintenance of internal security. 3. To prevent infiltration on the international border/coastal areas, the Border Wing Home Guards Battalions have been raised in some States. How many of the above statements are correct?
Answer: Only two
Which one of the following statements best reflects the idea behind the "Fractional Orbital Bombardment System" often talked about in media?
Answer: A missile is put into a stable orbit around the Earth and deorbits over a target on the Earth.
High (Geopolitical events impacting global economy and energy are recurring themes across all exams).
A narrow, strategically important strait between the Persian Gulf and the Gulf of Oman, serving as the only sea passage from the Persian Gulf to the open ocean.
The maximum amount of crude oil that can be processed by a refinery into petroleum products (like gasoline, diesel, jet fuel) within a given period.
A type of aviation fuel designed for use in aircraft powered by gas-turbine engines, primarily kerosene-based.