HONG KONG, April 7 -- Airlines across Asia are cutting flights, carrying extra fuel from home airports and adding refuelling stops as the Middle East conflict squeezes jet fuel supply in some countries, adding to pressure on an industry already hit by a sharp jump in fuel costs.

European carriers are bracing for similar disruption after Iran's closure of the Strait of Hormuz cut off nearly 21 per cent of global seaborne jet fuel supply, according to Kpler.

Previous oil shocks mainly drove up prices, but this one is also constraining physical supply, forcing governments, airlines and airports to consider rationing.

"In my conversation with airlines, they are very concerned about what the future looks like, because we do not know when th...