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.

The war has sent oil prices surging, upending global travel and pushing airline ticket costs on some routes sky-high.

CANBERRA, NEW DELHI: Australia’s Qantas Airways, Scandinavia’s SAS and Air New Zealand announced airfare hikes on Tuesday, blaming an abrupt spike in the cost of fuel caused by…