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Jet fuel shortages could disrupt flights across Europe and Asia in weeks as prices double
Economy
Published on 24 April 2026
A strait closure and Iran war could lift fares fast
Europe and Asia may face a looming jet fuel shortage within weeks, linked to the Iran conflict and disruptions tied to the Strait of Hormuz. With jet fuel prices reportedly doubling, airlines could respond by raising fares and cutting capacity, raising the risk of delays or cancellations just as the summer travel rush begins.
- Jet fuel supplies are lagging across Europe and Asia
- Iran war and Strait of Hormuz disruption are key triggers
- Jet fuel prices have doubled, pressuring airline costs
- Higher fares and possible cancellations loom for summer travel
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times