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Jet fuel sees largest WoW price drop since start of Iran war

Average price fell by 14.2%

Jay AelickbyJay Aelick
June 22, 2026
in Fuel & Sustainability
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The global average price of jet fuel fell 14.2% week over week to $119.17 per barrel for the week ending June 19, after the United States and Iran signed a memorandum of understanding to reopen the Strait of Hormuz. It was both the lowest price since the week after the start of the Iran war […]

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Tags: fuelInternational Air Transport Association (IATA)IranPremium
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