Aviation Fuel
Taiwan's Formosa Petchem issues force majeure as Iran war disrupts feedstock delivery
For refined fuel products such as diesel, jet fuel and gasoline, the company is still proceeding with its export deliveries for March and April, although there is likely to be no spot availability for April.
Hypersonix’s DART AE completes its first flight, reaching hypersonic speeds
Australian hypersonic flight pioneer Hypersonix Launch Systems has successfully completed the first flight of its DART AE hypersonic aircraft, marking a major milestone in the development of advanced hypersonic systems.
U.S. fuel exports see slight uptick in 2025
U.S. airlines no longer hedge fuel costs—that could hurt margins if Iran conflict lingers
Jet fuel prices have risen 15% in the past week, another challenge for an industry already dealing with the fallout from the expanding conflict, with more than 20,000 flights cancelled and thousands of passengers stranded.
How airlines have hedged against fuel price increases
Higher oil prices due to the Iran war are increasing prices of jet fuel, which accounts for a big portion of airlines' costs.
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