Jet fuel supply could take months to recover after Hormuz reopeningA general view of the PCK refinery, a crude oil processing facility supplying gasoline, jet fuel, diesel and fuel oil, is seen through a rain‑spattered window in Schwedt/Oder, Germany, on March 31, 2026. (Photo: Reuters)SINGAPORE — The head of a ​body representing global airlines said on Wednesday that even if Iran reopened the Strait ​of Hormuz it would take months ‌for jet fuel supply to recover given disruptions to Middle East refining capacity. Willie Walsh, director general of the International Air Transport Association (Iata), told reporters in ‌Singapore that while he expected crude oil prices to fall, jet fuel costs were likely to remain slightly elevated due to the impact on refineries. Airlines across Asia have been cutting flights, carrying extra fuel from home airports and adding refuelling stops ​as ‌the Middle East conflict squeezes jet fuel supply, adding to pressure on an industry already hit by a doubling of jet fuel prices. The pain ​has ⁠so far been sharpest in lower-income, import-dependent markets such as Vietnam, Myanmar and Pakistan after China and Thailand halted jet fuel exports ⁠and South Korea capped them at last year’s levels.

Source: Bangkok Post April 08, 2026 06:50 UTC