Name: Turbulence in fuel markets hitting African airlines hard
Uploaded: 2026-03-25T14:35:05.607Z
Duration: 1 min 10 s
Description: Turbulence in the fuel markets caused by the U.S.-Israel war on Iran is hitting African airlines hard. The continent imports 70 percent of its jet fuel and kerosene and fuel costs make up a greater share of operating costs than for other carriers.

Turbulence in the fuel markets caused by the U.S.-Israel war on Iran is hitting African airlines hard. The continent imports 70 percent of its jet fuel and kerosene and fuel costs make up a greater share of operating costs than for other carriers.

African airlines are experiencing severe financial strain as jet fuel prices rise sharply following disruptions in global oil supply caused by the U.S.-Israel war on Iran. The blockade of the Strait of Hormuz, a key maritime corridor for oil shipments, has nearly halted shipping through the region, removing about one fifth of global oil supplies from the market.

With about 70 percent of Africa's jet fuel and kerosene imports passing through the Strait, the continent's airlines are particularly vulnerable. Jet fuel now accounts for 30 to 40 percent of operating costs for African carriers, and up to 55 percent for low-cost airlines, making route planning and ticket pricing increasingly unpredictable.

Turbulence in fuel markets hitting African airlines hard

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