Jet fuel crisis axes flights

The international aviation industry is facing a severe crisis as a jet fuel shortage forces the cancellation of 13,000 flights this month alone.

Surging prices, which have jumped 56% since the start of the Iran war, are straining the liquidity of major carriers and threatening the summer travel season.

Industry leaders have warned the Trump administration that the continued closure of the Strait of Hormuz is making operations unsustainable for many budget airlines.

While some carriers are seeking alternative fuel sources from North America and Asia, the supply gap remains a critical threat to global connectivity.