Lufthansa Cancels Flights Amid Jet Fuel Crisis Due to Iran Conflict
The ongoing conflict in Iran has led to a significant jet fuel crisis, impacting the global aviation sector. Lufthansa, Germany's largest airline, has announced the cancellation of 20,000 flights between May and October to conserve fuel. This decision comes as the closure of the Strait of Hormuz disrupts global gas and oil flows, causing jet fuel prices to double since the conflict began. Other airlines, such as KLM, have also canceled flights, and many are raising prices in response to the crisis. The European Union is exploring fuel-sharing strategies among member states to maintain air travel, as the region heavily relies on kerosene imports from the Middle East.