African airlines on alert as Lufthansa warns Strait of Hormuz closure could add $2 billion in fuel costs

The escalating Middle East conflict is causing significant fuel cost increases for African airlines due to disruptions in supply routes through the Strait of Hormuz. Nigeria’s Dangote Refinery is becoming a crucial supplier for the continent, but domestic Nigerian airlines are struggling with soaring fuel costs, threatening potential operation suspensions. Lufthansa anticipates a $2 billion increase in fuel costs due to the disruption, highlighting the vulnerability of global air travel.