Jet Fuel Prices Soar as War in Iran Ripples Through Global Aviation ...Middle East

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Jet Fuel Prices Soar as War in Iran Ripples Through Global Aviation
source : OILPRICE ( Middle East ) () 105
As the war in Iran spills over into other parts of the Middle East, energy experts expect the price of several oil and gas products to soar over the coming months, driven by shortages. This will likely affect flight prices, with several airlines warning of anticipated price hikes. It could lead to a travel slump, as consumers wait for prices to fall again. Australia’s Qantas Airways, Scandinavia’s SAS, and Air New Zealand are three of the airlines to have already announced airfare hikes in response to the ongoing conflict in the Middle…

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