Global Jet Fuel Crisis: Airlines Slash Flights, Fares May Surge Amid Iran Conflict
A global aviation shake-up is underway as a sharp rise in jet fuel prices-triggered by tensions around the Strait of Hormuz amid the Iran conflict escalation 2026-forces airlines worldwide to cut flights.
According to aviation data, 19 of the world's top 20 airlines have reduced capacity for May, citing soaring fuel costs and supply fears.
