Jet fuel prices soar as Iran war squeezes supply
More flights resume across Middle East despite some refuelling disruptions in Oman
More flights resume across Middle East despite some refuelling disruptions in Oman

Carriers scale back expansion plans as oil prices soar

Warnings of supply crunch as imports drop and stocks dwindle

Fuel prices have doubled since start of Iran war

Prices for Brent crude climb 3 per cent during early trading in Asia

Fuel costs for global shipping industry are up nearly $5bn since conflict began

American carriers’ decision not to hedge future purchases has left them exposed to sharp swings in oil prices