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Representative image showing a commercial passenger aircraft being refueled at an international airport as global jet fuel prices surge toward $200 per barrel, forcing airlines across Asia and Europe to raise fares, impose fuel surcharges, and revise flight schedules amid escalating Middle East tensions.

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Jet fuel hits $200 a barrel: airlines across Asia and Europe scramble to raise fares

Qantas, SAS, Air New Zealand and Air India raised fares as the Middle East conflict pushed jet fuel to $200 a barrel and closed Gulf airspace.

March 11, 2026

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