Lufthansa cuts 20,000 flights as Iran war causes jet fuel shortage

What Happened

Lufthansa Group announced cancellation of 20,000 short-haul flights until October due to rising jet fuel costs caused by US-Israel-Iran tensions in the Strait of Hormuz. The airline will focus on hub airports Frankfurt and Munich, saving 40,000 tonnes fuel. Global jet fuel prices doubled since late February. European carriers heavily depend on Middle Eastern imports.

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