Asia air travel faces turbulence as Iran war exposes jet fuel vulnerability
South China Morning Post
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Jet fuel shortages and surging prices are forcing flight cancellations across the Asia-Pacific, a squeeze that could intensify after the United States began controlling oil shipments through the Strait of Hormuz following failed peace talks with Iran.
Tehran’s effective closure of the strait – a chokepoint for about 20 per cent of global oil supply – is hitting regional airlines, particularly in countries without strategic energy reserves, analysts said.
Jet fuel reached nearly US$198 in the...
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