Oil Prices Set to Surge for Consumers and Aviation Amid Global Supply Strain?

Consumers and the aviation sector may face a sharp rise in fuel prices starting April 1, according to industry insiders tracking the unfolding oil crisis in Western markets. Global supply disruptions, driven by geopolitical tensions and production curbs among key exporters, are being cited as the main triggers. Analysts suggest that crude benchmarks have already shown upward momentum over the past weeks, with refiners hinting at imminent retail price revisions. The aviation industry, which had benefited from relatively stable ATF rates through the first quarter, could see a significant jump, pushing up costs for airlines and potentially airfares. Domestic oil marketing companies are reportedly aligning pricing structures with global trends, which could translate into higher burdens for both consumers and businesses. Traders expect the volatility to persist as international crude inventories remain under pressure.