Business

The Jet Fuel Crisis of 2026 — How $230-Per-Barrel Oil Is Destroying Budget Aviation

The Crisis That Grounded the World’s Budget Airlines There is a number at the center of the 2026 aviation crisis, and that number is $230. That is the price per barrel that jet fuel reached in 2026 — a level driven by geopolitical instability in the Middle East that sent shockwaves through every airline on […]