Rising jet fuel prices could disrupt 2026 summer travel season

Travelers may face a turbulent summer as rising fuel costs and global tensions threaten to disrupt air travel.

(CNN)- Travelers may face a turbulent summer as rising fuel costs and global tensions threaten to disrupt air travel.

Experts say the 2026 summer travel season could bring higher ticket prices, fewer flights and longer delays, driven largely by soaring jet fuel costs linked to the conflict involving Iran.

“Supply and demand are the undefeated champions of business and economics,” said David Goldman, a senior reporter with CNN Business.

Since military action began, jet fuel prices have surged sharply—putting pressure on airlines to adjust.

“This is a dire situation for airlines if they don’t cut flights and raise prices for fliers,” Goldman said.

According to the International Energy Agency, Europe has roughly six weeks of jet fuel supply remaining. If oil shipments continue to be disrupted through the Strait of Hormuz, officials warn some flights could be grounded.

Market analysts say the situation is already having an impact.

“The price of jet fuel is up north of 40 percent since this war started and airlines are starting to cut flights,” said Art Hogan, chief market strategist at B. Riley Wealth Management.

Travelers could also see fewer direct routes, especially between smaller cities, as airlines consolidate operations to manage costs.

“You might have fewer non-stop flights and more delays as well,” Goldman added.

Even if conditions improve, experts say recovery will take time. A backlog of oil tankers and refinery slowdowns could delay a return to normal fuel supply levels.

“Once the Strait opens up, it takes time to unclog the tankers… and get the refineries back open,” Hogan said.

With peak travel season approaching, analysts warn passengers should prepare for potential disruptions, higher fares and limited options.