European airlines warn of jet fuel shortages as Iran war drives long-haul fares up $105 per flight
European airlines are facing a dual crisis as the Iran war disrupts jet fuel supplies and pushes ticket prices to record highs, with long-haul fares from Europe rising by an estimated $105 (90 euros) per flight since the conflict began. The surge in fuel costs stems from the near-closure of the Strait of Hormuz, through … Read more