easyJet profits hit hard by Middle East conflict’s impact on fuel prices

easyJet reported a significant decline in profitability during its second quarter of 2026, primarily due to the escalating effects of the ongoing conflict within the Middle East. Rising fuel costs have been directly attributed to this geopolitical instability, substantially impacting the airline's financial performance. The company experienced a notable decrease in earnings following the disruption caused by the conflict and subsequent price increases for jet fuel. easyJet cited these factors as key contributors to their reduced profit margins throughout the period. Management acknowledged the challenging market conditions and expressed concerns about sustained high energy prices affecting future operational expenses.