CoinWorld News reports that India’s state-owned oil company announced that domestic airline fuel prices will remain at 104,927 rupees per kiloliter (approximately $1,105) in May. Previously, several airlines warned that supply shortages caused by the Iran war could suspend services. The company set a benchmark for the industry but will raise prices for international route operators by a certain amount, though the exact figure was not disclosed. Due to the Middle East war causing a shortage of aviation fuel, global airlines face operational disruptions, and the aviation industry is highly sensitive to fuel price increases, with fuel costs accounting for up to 40% of operating expenses. Even small increases can significantly impact profitability and ticket prices.