08 Apr 2026 | 3 Mins Read
US-Iran ceasefire lowers jet fuel prices, easing airline costs
Flipitmoney
A two-week US and Iran ceasefire is expected to cool soaring jet fuel prices, offering relief to aviation companies hit by a 25% price hike. Fuel accounts for 30-50% of airlines' expenses in India. Benchmark Brent crude oil prices slumped 15% to $95 a barrel after the ceasefire, raising hopes of improved oil flows and lower ATF rates.