Jet fuel supplies are lagging. What does that mean for airlines and travelers?

A looming jet fuel shortage in Europe and Asia sparked by the Iran war and the effective closure of the Strait of Hormuz could further upend world travel within weeks if oil doesn’t start flowing soon. That means higher airfares and flight cancellations. International Energy Agency Director Fatih Birol says Europe has maybe six weeks of remaining jet fuel supplies. In general, some European countries hold several months’ worth of jet fuel inventory at a time. That's according to a report this we...