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CNA Correspondent - Aviation was flying high. Then the war in Iran changed everything - CNA
The numbers going into 2026 were some of the best in aviation history. Then, US and Israeli strikes on Iran led to the closure of the Strait of Hormuz, choking off a fifth of the world's oil supplies. Carriers saw jet fuel prices surge by more than 120% and braced for supply shortages, cancelling thousands of flight
Details CNA Correspondent - Aviation was flying high. Then the war in Iran changed everything
<p>The numbers going into 2026 were some of the best in aviation history. Then, US and Israeli strikes on Iran led to the closure of the Strait of Hormuz, choking off a fifth of the world's oil supplies. Carriers saw jet fuel prices surge by more than 120% and braced for supply shortages, cancelling...