Global airline body warns replenishing jet fuel supplies could take months even if Hormuz reopenedThe head of a body representing global airlines warned on Wednesday it would take months for jet fuel supply to recover even if Iran reopened the Strait of Hormuz, given disruptions to Middle East refining capacity. Iran’s closure of the Strait of Hormuz as part of retaliatory moves in the war has choked supplies of jet fuel globally and news of a ceasefire and the possibility of safe passage through Hormuz sent airline stocks soaring. AIRLINE SHARES SURGEAirlines 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, piling pressure on an industry already hit by a doubling of jet fuel prices. Jet fuel prices normally move in tandem with oil prices, but they have more than doubled since the Iran conflict, far outpacing a 50% rise in crude prices prior to the two-week ceasefire news. On refining capacity, Walsh said the reopening of the strait, if sustained, would be positive not just for crude flows but for refined products, including jet fuel.

Source: Daily Nation April 08, 2026 10:08 UTC