IATA says it will take months for jet fuel supplies and prices to normalise even with the Strait of Hormuz open

IATA says it will take months for jet fuel supplies and prices to normalise even with the Strait of Hormuz open

 Roslan RAHMAN

It will take months for jet fuel supplies and prices to normalise even with the Strait of Hormuz open, the head of the International Air Transport Association (IATA) said Wednesday.

The Strait of Hormuz, a vital shipping route for oil, has been virtually paralysed for weeks by the Middle East war, pushing up prices for crude and related products.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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