Spikes in oil prices as a result of the Iran war has added more than $100 to tickets of long-haul flights in Europe, according to a new study.
Campaign group Transport & Environment (T&E) analyzed prices by mid-April compared to those before the war began on February 28. For example, a ticket from Paris to New York costs $152 more as a result of fuel spikes, the group said. The price of Brent crude is hovering above $95 on Tuesday as uncertainty about hostilities lingers. Both Iran and the U.S. are expected to head to Pakistan for a new round of talks before the ceasefire ends on Wednesday.
