Iran war disrupts jet-fuel flows as oil prices surge; route economics from short-haul demand hits and wealthy travelers keep Eur
Jet-fuel supply chains are being rewired by the Iran conflict, with the closure of the Strait of Hormuz upending flows and pushing crude higher after retaliatory US-Iran strikes. Rising prices are pressuring local short-haul demand and threatening airline margins, even as premium demand from wealthy US travelers appears more resilient.