Air Cargo Demand Slid Nearly 5% in Iran War’s First Month

Air freight rates escalated as energy markets remained volatile amid the constriction of shipments through the Strait of Hormuz, which typically hosts 20 percent of the world’s oil and natural gas supply daily. The slowdown in traffic to near-standstill levels tightened aviation fuel availability, with various global airlines committing to curtail their flight schedules. Beroe’s expert Arun Lawrance shares insights on airfares and jet fuel supplies.

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