Friday, June 12, 2026

Wartime oil costs trigger turbulence for flights: When will US really feel the pinch?

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The closure of the Strait of Hormuz and surging oil costs amid the battle in Iran are inflicting turbulence for airways and People’ journey plans. Oil costs have skyrocketed because the battle started, and futures of worldwide benchmark Brent crude have been about $114 per barrel on Thursday. The excessive value of oil, in addition to the strait’s […]

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