Source: International Business Times
A sudden jet fuel price surge triggered by escalating tensions in the Middle East could soon make flying significantly more expensive for travellers around the world. Airlines are warning that rising fuel costs linked to the war in Iran may force carriers to increase ticket prices sooner than many passengers expect, as airline executives, political leaders and lawmakers grapple with the economic consequences of the conflict. Industry analysts say the shift could affect flights globally, with air travel prices likely climbing throughout the year.
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