Jet Fuel Prices Surge Amid Iran Conflict, Threatening Air Travel
Jet fuel prices have doubled since the start of the war on Iran, raising concerns about potential disruptions to air travel. If the conflict continues and the Strait of Hormuz remains blocked, airlines could face a severe aviation fuel shortage, marking an unprecedented challenge for global air travel. Historical disruptions, like the Covid pandemic and the 2010 Icelandic volcano, pale in comparison to this potential crisis.
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