India keeps domestic airline kerosene prices unchanged while increasing the fuel prices for international routes.

The Indian Oil Corporation maintained the domestic airline aviation kerosene prices in May. Prior to this, many airlines warned that due to fuel shortages caused by the conflict, they may be forced to suspend some flights. This largest Indian refinery company, which is also the industry pricing benchmark, announced that it will maintain the domestic aviation kerosene prices at 104,927 Indian Rupees per kilo liter. Its official website shows that the company will increase the fuel prices for international airline routes, but the specific percentage increase has not been disclosed. The global aviation industry has been impacted by the fuel shortages caused by the conflict in the Middle East. The energy transport artery of the Hormuz Strait has effectively stopped operating, and the conflict has now entered the third month. The aviation industry is highly sensitive to fuel price increases, as fuel costs can account for up to 40% of airlines' operating expenses. Even minor price increases can significantly drag down profits and increase ticket prices.