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Scramble in Asia over jet fuel shows how bad things could get if Iran war continues - The Times of India

Asia is facing severe disruptions in aviation as jet fuel prices soar to record highs amid an ongoing war in the Middle East that has shaken global energy markets. Just weeks into the conflict, the region is already grappling with the consequences of tightening oil supplies.

Airlines have cancelled thousands of flights, leaving tens of thousands of passengers stranded as carriers struggle to secure affordable fuel. The spike in costs has placed significant pressure on both airlines and travelers, highlighting the fragility of fuel supply chains.

Major energy producers in the region, including China, South Korea, and Thailand, have moved to restrict exports to protect domestic supplies. Meanwhile, heavily import-dependent countries such as Vietnam are rationing fuel and seeking assistance from other nations to keep essential air travel operating.

Original article source: https://timesofindia.indiatimes.com/toi-plus/international/scramble-in-asia-over-jet-fuel-shows-how-bad-things-could-get-if-iran-war-continues/articleshow/129697833.cms
Source Id: 9142402849

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