Jet fuel prices have risen sharply across Europe, Asia and North America following renewed US-Iran tensions, which have disrupted shipping through the Strait of Hormuz and heightened supply concerns. European jet fuel prices climbed to around $1,176 per tonne, their highest level since May, while Singapore and New York also recorded significant increases. Falling fuel inventories in Europe, stronger Russian demand and rising crude oil prices have added further pressure, with Brent crude increasing to $86.37 per barrel. The renewed volatility is expected to increase fuel costs for airlines worldwide.

The European Union Aviation Safety Agency (EASA) has advised airlines to avoid the airspace of Bahrain, Kuwait, Qatar, the UAE and parts of the Gulf of Oman due to heightened security risks linked to renewed US-Iran tensions. The advisory, effective until 29 July, warns of a high risk to civil aircraft at all altitudes, citing instability around the Strait of Hormuz and ongoing regional conflict. Airlines are urged to reroute flights and closely monitor the evolving security situation.

Uganda Airlines has requested additional government funding to support planned aircraft acquisitions and accelerate its long-term growth strategy. During a meeting with Finance Minister Henry Musasizi, the airline outlined its 10-year vision, highlighting the need for fresh capital to expand its fleet, improve operational reliability and strengthen its competitive position.

The carrier introduced a revised flight schedule on 1 July and plans to launch new services to Accra and Kigali as part of its network expansion. However, operations have been affected by the suspension of Dubai flights due to Middle East tensions, rising fuel costs and the Ebola outbreak in Central Africa.

Uganda Airlines currently holds a 27% share of traffic at Entebbe International Airport, with the government encouraging management to implement reforms aimed at achieving long-term profitability and global competitiveness. The funding request follows the airline's June order for 10 Boeing aircraft, including eight passenger aircraft and two freighters, to support future growth.