Airlines in crisis mode as Iran war hits jet fuel supplies
Carriers scale back expansion plans as oil prices soar
Carriers scale back expansion plans as oil prices soar

Warnings of supply crunch as imports drop and stocks dwindle

More flights resume across Middle East despite some refuelling disruptions in Oman

Fuel prices have doubled since start of Iran war

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

Low-cost air travel may be a thing of the past as rising fuel prices tip carriers into another crisis

Traders expect prices to fall later this year, giving carriers hope they can lock in lower rates by being patient