Airlines grapple with impact of Mideast war

The war has sent the price of oil and gas soaring, after Iran's Revolutionary Guards vowed to choke off traffic in the Strait of Hormuz, one of the world's key energy transit routes. The average global price of jet fuel has surged even faster, reaching $173.91 per barrel on Monday, according to the Platts benchmark index, double what it was on the levels of January 2. While the region's airlines like Qatar Airways, Emirates and Etihad have been hit the hardest, most major international carriers have been affected...