Iran War Drives Up Jet Fuel Costs, Increasing Long-Haul Flight Prices by $100 per Passenger
A study by the Transport & Environment (T&E) group indicates that the Iran war has increased jet fuel prices, adding over $100 to the cost of long-haul flights from Europe. The rise in fuel costs is expected to lead to higher ticket prices and could result in flight cancellations due to potential shortages. European airlines are preparing for a challenging season with jet fuel prices exceeding $100 per barrel.
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Topics: airline costs fuel prices geopolitical impact Iran war travel expenses