Keep pulling the thread on Tobias Meyer.
The global crude oil market is experiencing a daily supply shortfall of 10 to 12 million barrels against a total demand of roughly 100 million barrels.
The European Union's de minimis threshold for customs duties on packages is scheduled to be eliminated on June 1st.
A United States delegation is en route to Pakistan for negotiations.
Airlines including KLM, Lufthansa, and Cathay Pacific are reducing their flight schedules due to higher jet fuel costs.
Tobias Meyer characterizes several new European Union regulations, including the pay gap directive, packaging guidelines, and industrial policy, as "extremely bureaucratic."
Tobias Meyer predicts the European Union's new pay gap directive will lead to a significant increase in legal disputes between companies and their employees.
The supply of jet fuel in Asia is considered fragile and is a primary concern for DHL Group.
DHL Group's suppliers indicate that jet fuel supply in Europe is secure for the coming weeks and possibly months.
DHL Group has not curtailed its services due to jet fuel issues and does not expect to do so.
Air freight rates from Asia, India, and Southeast Asia to Europe have become very elevated due to a capacity shortfall from unavailable Middle Eastern hub carriers.
Tobias Meyer believes that even if the Strait of Hormuz reopens, it will take weeks for crude oil to be shipped, processed, and for refined products to reach their destinations.
Tobias Meyer questions whether markets are psychologically prepared for "on-off" geopolitical crises, such as the situation with Iran, and are factoring in the mid-to-long-term risks.