The Iran conflict saw jet fuel prices soar—when you use 1.88 million tonnes a year, how you respond really matters (just ask DHL)

DHL plane being refuelled at airport by man in high-vis jacket (Credit: Courtesy of DHL)

Since the start of the U.S.-Iran conflict and the closure of key shipping lanes in the Strait of Hormuz, businesses have been affected by supply-chain issues and rising fuel prices.

Jet fuel became a particularly expensive commodity, more than doubling in price from $800 per tonne prior to the conflict to a peak of $1,903 in April. The current price of kerosene stands at $918 per tonne, according to the latest figures from Argus Media, and airlines have had to scramble to secure fuel supplies.