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Jet Fuel Price Sees 60 Percent Increase Due To Gulf Region Conflict

A LOT Polish Airlines Embraer 175 is seen taking off from Chopin airport in Warsaw, Poland on 05 April, 2026. Jet fuel prices have increased by nearly 60 percent since the start of the conflict in Iran. Despite Polish airlines having hedged their fuel contracts significant, long-term price increases have not been ruled out. (Photo by Jaap Arriens/NurPhoto)

Photo ID	#13544632
Date Taken	5 April 2026
Location	N/A
Photographer	Jaap Arriens/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2026 NurPhoto - Jaap Arriens/NurPhoto

Medium Group of People Poland Politics Elections Poland Elections Poland Election airport carrier chopin economy flight flying fuel gulf region hedging hormuz international jet jet fuel jet-a1 kerosine oil polska price prices straight of hormuz tank tanking tourism travel warsaw warszawa wings LOT Polish Airlines Embraer 175 Chopin Airport Warsaw Poland jet fuel prices conflict in Iran fuel contracts long-term price increases hedged contracts aviation airline industry fuel cost economic impact geopolitics air travel transportation energy market price volatility fuel hedging aviation fuel international conflict airline operations aircraft global economy fuel expenses aviation sector financial strategy cost management risk management fuel supply airline economics aviation news.