Indian airlines are pressing state-run oil refiners to defer any planned increases in jet fuel prices until the ongoing conflict in West Asia resolves. Major carriers such as Air India, IndiGo, and SpiceJet are facing severe financial strain due to rising operational costs and have reported significant losses, with jet fuel prices currently at approximately ₹105,000 ($1,090) per kiloliter. The loss incurred by refiners stands at ₹92,000 per kiloliter. The oil and gas ministry is involved in discussions, and a decision regarding potential price adjustments is expected before June 1. In April, the government intervened to limit price hikes to 25%, following a surge in global oil prices linked to the Iran conflict. The impact of rising fuel costs is compounded by a weaker rupee, which increases expenses for aircraft leases and international charges. The airline industry has warned of possible flight suspensions and is advocating for tax reductions and other financial relief measures to mitigate the situation.