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Middle East conflict driving jet fuel surge, pushing airlines to raise fares
JEDDAH: Military operations involving the US and Israel against Iran have roiled global energy markets, sending jet fuel prices sharply higher and prompting a wave of fare increases and fuel surcharges from airlines worldwide. Jet fuel, which traded at roughly $85 to $90 per barrel before recent strikes, has surged to $150 to $200 per barrel in recent days, underscoring the scale of the cost shock.
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aljazeera.com
Oil soars past $100 a barrel as US-Israel war on Iran rages
Crude oil prices surge more than 20 percent as sprawling regional conflict threatens global energy supplies.
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bbc.com
Asia governments to cap fuel prices as oil costs jump
The price of crude has surged above $100 on concerns about shortages due to supply disruptions.
