LONDON: The crisis in the Strait of Hormuz has turned something as mundane as jet fuel into aviation’s biggest strategic vulnerability, sending costs soaring, scrambling flight plans and raising uncomfortable questions about whether the era of cheap, plentiful long-haul travel is over. What began as a limited military strike on Iran has morphed into a global supply shock rippling through airlines’ balance sheets, airport fuel tanks and holidaymakers’ plans from London to Lagos to Lahore. At the heart of the turmoil is a simple geography lesson.

The heads of the International Monetary Fund, World Bank and International Energy Agency have warned that prolonged disruption to shipping through the Strait of Hormuz could…

IMF, IEA and World Bank warn of global fuel shortages this summer if Iran’s closure of the Strait of Hormuz continues, threatening energy security and growth.

Shipping lines say they have no choice but to pass on steep cost rises, as the Iran war sparks a fuel crisis that could last well into next year.

Fuel price volatility has prompted airlines across the globe to hike passenger fares and baggage fees to recover higher costs, as well as cut flight frequency and routes to…

LONDON: The crisis in the Strait of Hormuz has turned something as mundane as jet fuel into aviation’s biggest strategic vulnerability, sending costs soaring, scrambling flight…

ロンドン:ホルムズ海峡の危機は、ジェット燃料のようなありふれたものを航空業界最大の戦略的弱点に変え、コストを高騰させ、飛行計画を混乱させ、安価で豊富な長距離旅行の時代は終わったのかという不愉快な疑問を投げかけている。イラ・・・