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Market Impact: 0.25
As Iran war drags on, airlines pull back on fuel hedges and warn on fares
Source: reuters.com
Energy Markets & PricesTransportation & LogisticsGeopolitics & War
Jet fuel prices are roughly double their levels before the Iran war, and airlines are becoming more reluctant to lock in future fuel costs. The provided article text cuts off before explaining the specific hedging activity or its implications.
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