Fuel

Iran war drives jet fuel surge, disrupts travel routes, testing European airlines

"There is a risk that we'll see rationing of fuel supply, particularly in Asia and Europe," Willie Walsh, head of the International Air ​Transport Association, told Reuters.

Gas prices are displayed at a Shell gas station as an airplane approaches San Diego International Airport for a landing on April 24, 2026 in San Diego, California.
WIZZ AIR Plane.

Two or three European airlines could go bankrupt because of fuel squeeze, says Ryanair CEO

US FORCES patrol the Arabian Sea near M/V Touska on April 20, 2026, after firing upon the Iranian-flagged vessel that the US accused of attempting to violate the US naval blockade of Iranian ports near the Strait of Hormuz.

Nations to discuss fossil fuel exit as Strait of Hormuz blockade drives up prices

 An Airbus A320-214 passenger aircraft of Lufthansa airline, takes off from Malaga-Costa del Sol airport, in Malaga, Spain, May 3, 2024.

Lufthansa cuts 20,000 flights as fuel costs surge, travel expert warns of more turmoil ahead


Israel’s strikes expose the vulnerability of Iran’s energy lifeline

The images emerging from Tehran this week depict what witnesses are calling a “hellscape” - an inferno stretching across the horizon as Israel reportedly targets fuel sites in Iran.

Smoke rises following an explosion, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 7, 2026.

Just one in four Americans supports US strikes on Iran, Reuters/Ipsos poll finds

A Reuters/Ipsos poll finds just 27% of Americans approve of the US strikes on Iran, with concerns over US casualties and rising oil prices.

An F/A-18F Super Hornet prepares to launch from the US Navy Nimitz-class aircraft carrier USS Abraham Lincoln in support of the Operation Epic Fury attack on Iran, February 28, 2026.

Iran's IRGC seizes two vessels in Persian Gulf, official threatens US with 'massacre and hell'

The IRGC Navy’s Public Relations Department alleged that more than one million liters of smuggled fuel were found on the ships.

Islamic Revolutionary Guard Corps (IRGC) Navy's speedboats move during an exercise in Abu Musa Island, in this picture obtained on August 2, 2023

How Iran’s economic collapse is tightening the regime’s options - analysis

Iran’s central bank began distributing a 5,000,000-rial “Iran-cheque” on Sunday, describing it as a step to “facilitate the circulation of cash” and speed up everyday transactions.

IRANIAN BANKNOTES are displayed next to a US dollar bill in Neyshabur, Iran on December 30, 2025. The Iranian rial has continued to weaken against the US dollar amid high inflation, currency volatility and ongoing economic pressures linked to sanctions and domestic challenges.

Boeing, Technion move Israeli sustainable jet fuel project into implementation phase

Boeing and the Technion are moving their joint sustainable aviation fuel initiative from feasibility work into hands-on development of cost-competitive electrofuels.

Technion President Prof. Uri Sivan, President of Boeing Israel, Maj.-Gen. (res.) Ido Nehushtan, and Boeing Global President Dr. Brendan Nelson.

'Seven years to clear this rubble': UN says Gaza filled with over 60 million tons of debris

There are over 60 million tons of rubble in Gaza, the UN official claimed, enough to nearly fill 3,000 container ships, and enough for everyone in Gaza to be surrounded by 30 tons of it on average.

Destroyed buildings as seen from an Israeli military outpost within the borders of the ‘yellow line’ in the eastern part of Gaza City in the Gaza Strip. The photo was taken as part of an IDF ‘embed’ and reviewed by the IDF before publication.

Fuel prices in Israel to drop below 7 shekels per liter for first time since 2023

Fuel prices will drop below 7 shekels per liter for the first time since 2023, with the new rate of 6.85 shekels taking effect on January 1, the energy ministry announced.

View of the southern Israeli town of Beer Sheva. March 31, 2025.

Iran seizes foreign oil tanker near Gulf, saying it was carrying millions of smuggled fuel liters

Iran said last week it had seized another foreign tanker carrying 6 million litres of what it described as smuggled diesel in the Gulf of Oman.

Etswani flagged vessel.

Iranians brace for Saturday fuel price surge as Islamic Republic's economy braces for worst

The proposal had been repeatedly postponed over fears it could trigger unrest similar to deadly protests sparked by a fuel price hike in 2019.

Iranians fill their vehicles at a petrol station in Tehran, on November 15, 2019. (STR/afp/AFP via Getty Images)

A revolution in the skies: How a curved wing saves airlines millions of dollars

Wingtip curves are now a key feature of modern aviation. Though they seem like a design detail, they have saved the industry billions and reduced air pollution.

El Al Plane.