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China's Jet Fuel Exports Plunge, Prices Surge Amid War

4/2/2026

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Summary

Story summary

China's jet fuel exports fell nearly 40% in March due to the US-Israel war on Iran.
Global jet fuel prices surged from US$99.40 to US$195.19 per barrel since late February.
The price rise is expected to push fares up 8–15% and reduce flight availability as budget airlines cut routes.
Sydney Airport CEO Scott Charlton expressed concerns about Australia’s aviation fuel reliability in the coming month.

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Story summary

China's jet fuel exports fell nearly 40% in March due to the US-Israel war on Iran.
Global jet fuel prices surged from US$99.40 to US$195.19 per barrel since late February.
The price rise is expected to push fares up 8–15% and reduce flight availability as budget airlines cut routes.
Sydney Airport CEO Scott Charlton expressed concerns about Australia’s aviation fuel reliability in the coming month.