Tourists planning summer holidays face a difficult decision as the disruptions to global oil supplies, caused by the conflict in the Middle East, have spiked jet fuel prices leading to increases in flight costs that are passed on to passengers.
According to the International Air Transport Association’s latest monitor, the global average jet fuel price stood at $195.19 per barrel last week, down 0.9% from the previous week, but still more than double the levels from late February.
