diff --git a/crates/air-lib/air-parser/Cargo.toml b/crates/air-lib/air-parser/Cargo.toml
index 3c948f41da..4ecbc66b0d 100644
--- a/crates/air-lib/air-parser/Cargo.toml
+++ b/crates/air-lib/air-parser/Cargo.toml
@@ -31,7 +31,7 @@ multimap = "0.9.1"
 serde = { version = "1.0.190", features = ["rc", "derive"] }
 serde_json = "1.0.108"
 
-itertools = "0.10.5"
+itertools = "0.12.0"
 thiserror = "1.0.50"
 tracing = "0.1.40"
 
diff --git a/crates/air-lib/lambda/ast/Cargo.toml b/crates/air-lib/lambda/ast/Cargo.toml
index fb98c7fef6..924708deda 100644
--- a/crates/air-lib/lambda/ast/Cargo.toml
+++ b/crates/air-lib/lambda/ast/Cargo.toml
@@ -16,6 +16,6 @@ path = "src/lib.rs"
 
 [dependencies]
 non-empty-vec = { version = "0.2.3", features = ["serde"] }
-itertools = "0.10.5"
+itertools = "0.12.0"
 
 serde = { version = "1.0.190", features = ["rc", "derive"] }
diff --git a/crates/air-lib/lambda/parser/Cargo.toml b/crates/air-lib/lambda/parser/Cargo.toml
index 1acd73b9ba..d3a57875da 100644
--- a/crates/air-lib/lambda/parser/Cargo.toml
+++ b/crates/air-lib/lambda/parser/Cargo.toml
@@ -26,5 +26,5 @@ regex = "1.10.2"
 # TODO: hide serde behind a feature
 serde = { version = "1.0.190", features = ["rc", "derive"] }
 
-itertools = "0.10.5"
+itertools = "0.12.0"
 thiserror = "1.0.50"
diff --git a/crates/beautifier/Cargo.toml b/crates/beautifier/Cargo.toml
index f954f250f8..d315119aeb 100644
--- a/crates/beautifier/Cargo.toml
+++ b/crates/beautifier/Cargo.toml
@@ -15,5 +15,5 @@ path = "src/lib.rs"
 
 [dependencies]
 aquavm-air-parser = { version = "0.11.0", path = "../air-lib/air-parser" }
-itertools = "0.10.5"
+itertools = "0.12.0"
 thiserror = "1.0.50"
diff --git a/crates/testing-framework/Cargo.toml b/crates/testing-framework/Cargo.toml
index 3cfc5f5df8..e05584c683 100644
--- a/crates/testing-framework/Cargo.toml
+++ b/crates/testing-framework/Cargo.toml
@@ -17,7 +17,7 @@ path = "src/lib.rs"
 air-test-utils = { version = "0.13.0", path = "../air-lib/test-utils" }
 aquavm-air-parser = { version = "0.11.0", path = "../air-lib/air-parser" }
 
-itertools = "0.10.5"
+itertools = "0.12.0"
 fluence-keypair = "0.10.4"
 strum = { version="0.24.1", features=["derive"] }
 nom = "7.1.3"
diff --git a/tools/cli/air/Cargo.toml b/tools/cli/air/Cargo.toml
index 2f4e617254..dca2c8968f 100644
--- a/tools/cli/air/Cargo.toml
+++ b/tools/cli/air/Cargo.toml
@@ -20,7 +20,7 @@ air-test-utils = { version = "0.13.0",path = "../../../crates/air-lib/test-utils
 
 anyhow = "1.0.75"
 clap = { version = "4.4.7", features = ["derive", "env"] }
-itertools = "0.10.5"
+itertools = "0.12.0"
 serde = { version = "1.0.190", features = ["derive"] }
 serde_json = "1.0.108"
 tracing = "0.1.40"