The US is at risk of an oil shock too
Financial Times
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In a global market for crude, Asian buyers are vacuuming up supplies, raising prices for Europe and America
Hormuz Blockade Economic Impact
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Virgin Atlantic raises its ticket prices by as much as £360 amid warnings jet fuel could run out in the 'near future' due to Iran war
Daily Mail —
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Breaking: Virgin Australia to trim domestic flights, flags up to $40m extra fuel hit
ABC News —
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Airlines prepare to ground planes and furlough cabin crew amid deepening air travel crisis as Iran war doubles jet fuel prices
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European Union insists there is no shortage of jet fuel as war in Iran rages on
NY Post —
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A 'systemic' jet fuel shortage is brewing in Europe — and flights could be hit hard
CNBC —