The ongoing conflict in the Middle East and the war in Iran are contributing to a significant rise in fuel prices, which is directly impacting airfares for travelers. AEGEAN Airlines has announced plans to adjust its ticket prices, aiming for an increase of about 7%-8%. This adjustment comes in response to the substantial uptick in crude oil prices, which have surged from approximately 70 dollars per barrel to 110 dollars, marking a 50% rise. Even more pronounced is the rise in jet fuel prices, which have more than doubled to 1,700 dollars per tonne, a 110% increase, due to disruptions in refinery access and distribution in the Gulf region due to the conflict.