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The Guardian - AU
The Guardian - AU
National
Luca Ittimani

More airlines hike flight prices as Iran war continues to disrupt oil supply

Oil Cathay Pacific Iran AirAsia Thai Airways Ellis Taylor Rico Merkert Cathay Qantas Ronald Lam
Cathay Pacific plane flies below cloud cover
Cathay Pacific is selling A$39,577 business class return trips from Sydney to London for mid-April. Its economy class fares for the same route cost more than A$3,000. Photograph: Peter Parks/AFP/Getty Images

Cathay Pacific, AirAsia and Thai Airways are among a growing number of airlines hiking air fares as conflict in the Middle East boosts oil prices and sends travellers flocking to alternative stopover destinations in Asia.

The US and Israel’s war on Iran has sent the price of oil soaring while restricting access to refineries, with experts predicting air fares could be elevated for months even if the conflict ends.

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