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flag A Middle East conflict has surged jet fuel prices, causing global flight cancellations and travel disruptions.

A conflict involving Iran, the U.S., and Israel is disrupting global air travel, causing jet fuel prices to surge from $2.11 to $3.40 per gallon by March 10, 2026, with some areas near $4. This has led to widespread flight cancellations, particularly at major hubs like Dubai International, stranded passengers, and airlines preparing for fare increases. The Strait of Hormuz closure has disrupted fuel supply chains, and while oil reserves are being released, their impact on jet fuel is limited. The Middle East’s tourism industry is losing an estimated $600 million daily, with projections of 23 to 38 million fewer international visitors in 2026. Experts advise booking flights early, especially with flexible tickets, as disruptions and price hikes may persist until the region stabilizes.

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