Published: May 07, 2026, 09:53 IST | Updated: May 07, 2026, 09:53 IST
Amid the ongoing Iran war, global aviation markets are under severe pressure as jet fuel prices surge sharply, with reports indicating increases of over 120% in affected regions. The crisis, driven by disrupted oil supply routes and geopolitical tensions, is pushing up airline operating costs and raising concerns about higher ticket prices and flight disruptions worldwide.