**Jet Fuel Crisis to Last Months Despite Iran Deal: IATA**

A global aviation leader warns that jet fuel shortages will plague Asian airlines for months, even if Iran reopens a critical oil route immediately. The head of the International Air Transport Association (IATA) said on Wednesday that Middle East refining capacity is too disrupted for a quick recovery. This is true even if the Strait of Hormuz reopens. The strait normally carries one-fifth of the world's traded oil. The warning follows a potential diplomatic breakthrough. Oil prices fell after U.S. President Donald Trump announced a two-week ceasefire agreement with Iran. The deal depends on the immediate and safe reopening of the strait. The ongoing supply problem means airlines face extended pressure from high fuel costs and potential flight disruptions. The industry now watches for Iran's next move.