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Global average jet fuel price saw second double-digit drop in May

Average price lowest since week following start of Iran war

Jay AelickbyJay Aelick
June 1, 2026
in Fuel & Sustainability
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The global average price of jet fuel fell to $141.64 per barrel for the week ending May 29, an 11.4% decrease over the previous week. This was the second time in a four-week period beginning with the week ending May 8 that the global average price fell week over week by a double-digit percentage. And […]

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Tags: fuelInternational Air Transport Association (IATA)IranPremium
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