Jet fuel shortage only a week away as Iran conflict escalates

The global aviation industry is bracing for a “no-fuel” scenario as a critical jet fuel shortage is expected to hit major international hubs in less than a week. Driven by the intensifying conflict in Iran and the effective closure of the Strait of Hormuz, supply chains that provide nearly 20% of the world’s oil have […] The post Jet fuel shortage only a week away as Iran conflict escalates appeared first on AIRLIVE.