Europe, jet fuel and Ryanair
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By Seher Dareen, Robert Harvey and Ahmad Ghaddar LONDON, April 28 (Reuters) - Europe's imports of jet fuel loaded from the Middle East in April are set to dry up due to the Iran war disrupting Middle East supplies,
Airlines are raising prices for passengers and even canceling flights as they grapple with a rise in jet fuel costs sparked by the war in Iran.
European summer travel faces turbulence as geopolitical conflicts drive up jet fuel prices and risk shortages, prompting flight cuts and route changes. Industry leaders warn that even a quick resolution in the Middle East may not restore fuel supplies for ...
Chevron CEO Mike Wirth says tightening jet fuel supplies may intensify airline pressure, with rising costs, reduced capacity and higher ticket prices expected.
By MacDonald Dzirutwe LAGOS, April 27 (Reuters) - Nigeria's giant Dangote refinery is benefiting from record margins for producing jet fuel that it is mostly selling abroad, while the domestic airlines it also supplies have threatened to stop flying because of the surge in fuel prices.