By Rédaction Africanews and Agencies
Turbulence in the fuel markets caused by the US-Israel war on Iran is hitting African airlines hard.
Jet fuel prices are soaring worldwide but Africa is particularly exposed.
About 70 percent of its jet fuel and kerosene imports come through the Strait of Hormuz – the vital maritime corridor currently under blockade by Iran.
Since the start of the conflict last month, shipping though the Strait has almost stopped, removing about a fifth of global oil supplies from the market.
For African airlines, jet fuel accounts between 30 to 40 percent of operating costs – a far greater percentage than many other carriers. For low-cost African airlines, fuel can account for up to 55 percent of operating expenses, increasing the financial strain of the current crisis.
The rapidly changing cost of fuel makes route planning and pricing unpredictable. Operators can’t quote flights too far in advance, at the risk of losing money if fuel prices spike.
ENTEBBE, Uganda, 27 October 2026 -/African Media Agency(AMA)/ - When nine-year-old James Ssemambo developed severe…
International Space Station’s use of tabular AI and expanded partnerships demonstrate the art of the…
UNICEF says a conditional deal could lower the RTS,S malaria vaccine price by about 40%…
An African Development Bank report points to faster growth while warning that Zambia still faces…
A partnership backed by a $1 million grant is mapping skills demand and planning local…
The financing is designed to cushion energy costs while supporting Botswana’s private-sector and jobs reforms.