Iran war spikes oil and jet‑fuel prices, squeezing airlines and accelerating Airbus SAF push
The 2026 Iran war and Strait of Hormuz disruptions have driven a sharp spike in oil and jet‑fuel prices, squeezing carrier margins and threatening operations. The shock has intensified calls for SAF and industry measures — including Airbus’s Book‑and‑Claim initiative and IATA advisories — though prices remain below record highs.