Iran-war jet fuel spike forces airlines to hedge, seek relief from state refiners, and prepare for summer disruptions
Since the Iran-war fuel shock began, jet-fuel volatility has exposed wide gaps in how airlines manage price risk—turning hedging into a major earnings lever. India’s airlines are asking state refiners to delay domestic jet fuel hikes, while Jet2 tells customers it has sufficient fuel and will not add surcharges despite broader market turbulence.