London/Singapore (March 28, 2026): The world is facing a major air travel crisis as jet fuel prices have surged to an all-time high today. Due to the ongoing conflict in the Middle East and the closure of key shipping routes like the Strait of Hormuz, airlines across Asia and Europe are being forced to cancel hundreds of flights, leaving thousands of passengers stranded.
Why are flights being cancelled?
The main reason is the “Jet Fuel Squeeze.” With crude oil supplies disrupted, refineries are struggling to produce enough aviation fuel.
- Record Prices: Jet fuel prices have jumped by over 30% in just one week.
- Supply Shortage: Major hubs like Dubai, Singapore, and New Delhi are reporting limited fuel stocks.
- Rerouting: Many long-haul flights now have to take much longer routes to avoid conflict zones, consuming more fuel and making tickets more expensive.
Impact on Passengers
Airlines from Vietnam to New Zealand have already started cutting their flight schedules for April. In India, several domestic carriers are considering a “Fuel Surcharge,” which could make air tickets significantly costlier for the upcoming summer vacation season.
