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SAVi Report

Thursday 7 May 2026 in Operational Cost Landscape

What does the Iran War-driven energy shock mean for SAF?

Eduardo Mariz
Senior Analyst and Sustainability Lead at Ishka
eduardo@ishkaglobal.com
Justine El Amrani-Joutey
Analyst at Ishka
justine@ishkaglobal.com

Ishka SAVi looks back at the two months of volatility since the start of the Iran War to understand how SAF prices have moved, what influences their trajectory, this year’s SAF key demand drivers, and how airlines are reacting.

Ishka SAVi looks back at the two months of volatility since the start of the Iran War to understand how SAF prices have moved, what influences their trajectory, this year’s SAF key demand drivers, and how airlines are reacting.

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