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Large Tourism Management Companies Rule Out a Collapse of Travelers Due to Iran’s War

Summary by OKDIARIO
The Middle East war has increased oil prices for weeks due to the cut-off of the Strait of Ormuz, which in turn has led to a shortage and a drastic increase in the price of kerosene, aircraft fuel. Specifically, the supply of kerosene for aviation in Europe faces a potential crisis, with shortages alerts in three weeks if the blockade in the Strait of Ormuz continues, which cuts 40% of supply. However, it seems that this situation is not affecti…

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The Middle East war has increased oil prices for weeks due to the cut-off of the Strait of Ormuz, which in turn has led to a shortage and a drastic increase in the price of kerosene, aircraft fuel. Specifically, the supply of kerosene for aviation in Europe faces a potential crisis, with shortages alerts in three weeks if the blockade in the Strait of Ormuz continues, which cuts 40% of supply. However, it seems that this situation is not affecti…

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OKDIARIO broke the news on Monday, May 11, 2026.
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