United Airlines CEO Scott Kirby announced that the airline will reduce about 5% of its planned flight capacity over the next two quarters due to rising jet fuel costs caused by the Iran war.

Axar.az reports, citing Reuters, jet fuel prices have nearly doubled since late February, and Kirby warned that oil could reach $175 per barrel and remain above $100 through 2027, potentially increasing United’s annual fuel bill by $11 billion.

The cuts target less profitable flights, off-peak periods, and include continued suspension of services to Tel Aviv and Dubai.

Despite these reductions, United plans to restore full schedules by fall.