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Jet fuel falls to lowest price since start of Iran war

The price fell 5.1% week-over-week to $138.86 per barrel

Jay AelickbyJay Aelick
June 15, 2026
in Fuel & Sustainability
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The global average price of jet fuel fell 5.1% week-over-week to $138.86 per barrel for the week ending June 12, just before the United States and Iran signed a memorandum of understanding to reopen the Strait of Hormuz. It was the lowest price since the week after the start of the Iran war on Feb. […]

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Tags: fuelGulf RegionInternational Air Transport Association (IATA)IranPremium
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