The war in Iran has sparked the most intense global energy shock in decades.
And one big tangible effect for people outside the region is the jet fuel crunch.
Airlines worldwide are taking some extraordinary measures to keep flying and stay in business.
A warning for anyone hoping to travel for the summer holidays.
Europe may run out of jet fuel.
So many folks are trying to take those summer trips.
We're talking about double-digit airfare hikes in the months ahead.
The Iran war has had a pretty.
Significant impact on air travel.
I mean, there's routes that airlines are no longer flying because, you know, they could potentially be dangerous.
You know, planes are having to sort of route around this Mideast airspace.
We spoke to a couple of reporters who've been following this story, including Allison Sider, who covers airlines.
The big question for airlines is how are they going to manage just billions of dollars in added jet fuel costs?
Are now scrambling to figure out how to secure fuel supplies and deal with increased expenses.
Their fuel bills doubled in a matter of weeks.
And it's not a super high margin business.
So somebody has to pay that bill.
And in a lot of cases, it seems like it's going to be customers who will be paying higher ticket prices.
Welcome to The Journal, our show about money, business and power.
I'm Jessica Mendoza.