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Fuel crisis threatens air travel after Iran closes Strait of Hormuz

Economy & businessEconomy
Key Points
  • Aviation fuel prices have surged after Iran closed the Strait of Hormuz.
  • A shortage of aviation fuel could cause major disruptions to air traffic.
  • A journalist calls it the worst fuel crisis for aviation, compounding existing high prices.

The price of aviation fuel has surged after Iran closed the Strait of Hormuz. There are increasing indications of a shortage of aviation fuel, which could cause major disruptions to air traffic. Jan Ohlsson, a journalist covering the aviation industry, says this is likely the worst fuel crisis to hit aviation and it comes at a time when prices are already high, creating significant problems.

this is likely the worst fuel crisis to hit aviation and it comes at a time when prices are already high, creating significant problems

Jan Ohlsson, journalist covering the aviation industry

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