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Jet Fuel Shortage Looms, Threatening Summer Travel Disruptions

4/16/2026

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Story summary
  • Airlines warn of a potential jet fuel shortage due to tensions near the Strait of Hormuz, potentially disrupting summer travel.
  • The war in Iran has cut about 20% of the global oil supply, raising fuel costs and prompting cancellations by Scandinavian Airlines (SAS) and Air New Zealand.
  • Experts predict that if the Strait remains closed for 12-18 months, global flight capacity could fall 30-40%.
  • Travelers should prepare for possible disruptions.