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What a looming jet fuel shortage could mean for summer travel

by Investor News Today
April 22, 2026
in Personal Finance
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What a looming jet fuel shortage could mean for summer travel
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Here's how jet fuel crisis in Europe threatens summer travel plans

Looming jet fuel shortages may throw a wrench into People’ summer season journey plans, particularly for individuals flying abroad on worldwide airways. However there are a number of steps shoppers can take to insulate themselves and decrease disruption, journey consultants stated.

The Iran battle and an related disruption to international oil provides are triggering fears that jet gasoline shares could quickly start to dwindle in sure components of the world. The Worldwide Vitality Company stated on Thursday that Europe could have simply six weeks’ worth of jet fuel left, for instance.

Potential shortages and rising jet gasoline prices have led some airways to chop their flight schedules — doubtlessly upending plans for many who should discover different flights or select to defer or cancel their journey altogether.

And whereas flight reductions have largely been modest so far, they might worsen simply as peak summer season journey season approaches.

“It is virtually like they’re on a timer,” stated Katy Nastro, a journey skilled at Going, a journey deal web site. “It is just like the SATs: As soon as the timer is completed” it is over, and so they cannot fly anymore, she stated.

Jet gasoline scarcity tied to Iran battle, Strait of Hormuz

On this display screen seize from a video launched by U.S. Central Command, U.S. forces working within the Arabian Sea enforced naval blockade measures in opposition to an Iranian-flagged cargo vessel trying to sail towards an Iranian port on April 19, 2026 within the Arabian Sea.

U.S. Central Command | Getty Photos

The continued Center East battle has led Iran and the U.S. to impose a blockade on Iranian ports in and across the Strait of Hormuz, a maritime route by way of which roughly 20% of the worldwide oil provide transits.

About 25% to 30% of the world’s jet gasoline — which is refined from oil — additionally flows by way of the waterway, stated Stephen Rooney, lead economist at Tourism Economics.

The U.S. is considerably insulated from a possible jet gasoline scarcity relative to different components of the world as a result of it produces a good portion of these gasoline shares domestically, Rooney stated. However European and Asian carriers are extra uncovered as a result of these areas rely extra closely on gasoline imports.

“What if there is not gasoline to be purchased at any worth?” Rooney stated. “That is a fairly unprecedented scenario.”

“I do not suppose we’re at that full disaster level but,” he stated. “Six weeks is a very long time, so hopefully one thing might be resolved. We have nonetheless acquired time to get jet gasoline flowing once more.”

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Whereas the U.S. could also be spared from potential provide shortages within the coming weeks, low shares elsewhere on the earth would doubtless “put large upward stress” on jet-fuel costs for U.S. airways, Rooney stated.

Jet gasoline is among the many largest working prices for airways, and firms have taken a range of measures to blunt the financial impact of rising prices: rising air fares, elevating baggage charges, including gasoline surcharges and reducing flight capability, for instance.

“Non-US airline capability to and from US markets for the June quarter 2026 is predicted to contract 2.3% year-over-year … as increased gasoline costs and presumably restricted jet gasoline availability are resulting in vital capability cuts,” Deutsche Financial institution analysts wrote in a analysis be aware on Sunday.

Top oil analyst Paul Sankey on Iran war jet fuel crisis

Thus far, solely a handful of airways have stated they might trim flight schedules, and so they have largely trimmed on the margins moderately than making wholesale cuts, consultants stated.

Going’s Nastro pointed to some examples:

Vietnam Airways airplane seen at Suvarnabhumi Airport in Bangkok.
On Wednesday, January 2, 2020, in Suvarnabhumi Airport, Bangkok, Thailand. (Picture by Artur Widak/NurPhoto through Getty Photos)

Nurphoto | Nurphoto | Getty Photos

For an airline to chop maybe 5% or much less of its flight capability “is not large within the grand scheme of issues,” Nastro stated.

“So, whereas sure, there’s a danger for flight cancellations attributable to capability cuts [or] suspensions, it is not essentially unhealthy information on your particular journey,” she stated.

President Donald Trump told CNBC on Tuesday that he thinks the U.S. will “find yourself with a terrific deal” with Iran to deliver an finish to the practically two-month-long battle. Nonetheless, Trump additionally stated the U.S. army is “ready” to bomb Iran if a deal isn’t signed by the top of the two-week ceasefire deadline set to run out Wednesday.

“The longer this [conflict] lasts, the extra capability cuts are doubtless — and that is when issues can get uglier,” Nastro stated.

What vacationers can do

Vacationers wait in line to undergo safety in Terminal 5 at John F. Kennedy Worldwide Airport in New York, March 27, 2026.

Michael M. Santiago | Getty Photos

There are some issues vacationers can do to reduce the potential ache, consultants stated. Listed here are some ideas.

1. Know your rights

Each airline has its personal insurance policies about what it owes passengers who face delays or cancellations.

That will help you navigate your choices, the U.S. Division of Transportation has a rundown of services that U.S. carriers have agreed to supply to clients to mitigate passenger inconveniences when a flight cancellation or delay is because of circumstances inside the airline’s management.

Federal guidelines require airways to pay a immediate refund to a ticketed passenger — even these with non-refundable tickets — in the event that they cancel a flight or make a big change to the itinerary, whatever the purpose, in response to the Transportation Division. To qualify for a refund, the passenger cannot settle for another supplied by the airline, reminiscent of rebooking on one other flight.

A employee fuels a Delta Airways airplane at Salt Lake Metropolis Worldwide Airport on April 9, 2026 in Salt Lake Metropolis, Utah.

Justin Sullivan | Getty Photos

Airways typically supply vacationers another after they cancel a flight or make substantial adjustments, and should robotically rebook passengers on one other flight, consultants stated.

However vacationers do not have to just accept that different. Passengers typically do not need to pay further to decide on an alternative choice, even when there is a fare distinction, Nastro stated.

Passengers may additionally be entitled to meal vouchers and lodge lodging, for instance, if their flight is impacted, and should not be afraid to ask the airline for these issues, stated Sara Rathner, a journey skilled at NerdWallet.

Doc transactions and preserve receipts to file a declare later, she stated.

To see what choices can be found to you for refunds, meal and lodging vouchers, or frequent-flyer miles, relying in your provider, the DOT has a dashboard outlining their insurance policies for U.S. airways.

2. Test your contact information

Ensure the airline has your right contact data on file, in case it must get in contact with you a couple of flight change, Nastro stated.

In your on-line flight reservation, be certain that your telephone quantity and electronic mail are updated. Additionally examine that the airline hasn’t issued any notifications or messages, she stated.

“The worst factor that may occur is you present as much as the airport and your flight is canceled, and you did not have any information of that,” Nastro stated.

3. Act quick

“Act quick” if an airline contacts you a couple of canceled flight or a change to your itinerary, stated NerdWallet’s Rathner.

“The earlier you act in contacting the airline … the extra choices you are going to have,” she stated. “You do not wish to sit on this for too lengthy.”

Equally, when you’ve got journey plans, do not ignore emails, texts or different messages you obtain from airways within the lead-up to the flight, she stated.

In case your flight is canceled or severely delayed whilst you’re on the airport, “take each attainable avenue out there to you” to grasp your choices, she stated. Stand in line to talk with the gate agent whereas concurrently calling the airline’s customer support line or utilizing its app, Rathner stated.

3. Fly nonstop

Flying nonstop to a vacation spot is mostly dearer than reserving a flight with a layover.

Nonetheless, it is a good technique for vacationers who can afford it and wish to decrease disruptions, consultants stated.

“Proper now, I would say you are higher off, in case you can, flying nonstop,” Going’s Nastro stated.

4. Take into account journey insurance coverage

Journey insurance coverage or bank cards with journey advantages would possibly cowl unreimbursed bills ensuing from a disrupted itinerary.

Nonetheless, lined bills vary by policy, making it needed for shoppers to learn the high quality print, Rathner of NerdWallet stated.

Sure insurance policies, like these with “cancel for any purpose” or “interruption for any purpose” protection, offer more flexibility to passengers however typically include caveats, reminiscent of the next upfront price.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.



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