JET fuel restrictions could hit airlines on a global scale, a major airline owner has warned.
International Airlines Group (IAG), who owns British Airways, Iberia and Aer Lingus, initially said that most of its airlines will unaffected this summer.
However, they warned that if the crisis continues, shortages will result in restrictions across the globe.
They said: “If the current conflict continues to restrict flows of both crude oil and jet fuel from the Middle East, there is the potential for supplies of jet fuel to be restricted on a global basis.
“We are engaging with governments in each of our home markets as well as with the EU to ensure that the industry is getting the support it needs to navigate this situation.”
IAG has said they expect their profit to be lower than anticipated. It also expects spend more than £1.72billion extra on fuel costs that previously predicted.
Read more on flight crisis
The closure of the Strait of Hormuz since March has resulted in fears of fuel shortages, and caused airlines to start hiking prices.
Some airlines, such as Lufthansa, Scandinavian Airlines and Cathay Pacific, have already reduced their flights scheduled for the upcoming months in an attempt to avoid cancellations caused by shortages.
Other airlines like Air France and Virgin Atlantic have already increased the cost of flights.
Despite the warnings, UK airlines have said they are not expecting to be affected by cancellations this summer.
Tour operators including Jet2 and TUI have said they are operating a full schedule as planned.
And IAG said that 70 per cent of the company has hedged fuel for the rest of 2026.
Here are all the airlines that have cancelled flights due to the jet fuel crisis.