EasyJet warns of widening losses as jet fuel costs soar
Fuel prices have doubled since start of Iran war
Fuel prices have doubled since start of Iran war

Warnings of supply crunch as imports drop and stocks dwindle

Carriers scale back expansion plans as oil prices soar

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

US airline faces higher bill from soaring prices driven by Iran war

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

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