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Oil prices are shooting up. Will the cost of flying follow suit?

The war in Iran, which began on Feb. 28, has already disrupted the global supply of oil and its price. How might that affect the cost of an airline ticket? Here’s what to know.

Will airline prices rise?

Almost certainly. In fact, in some cases they already have.

“We have increased fuel surcharges on Europe (flights),” Annick Guérard, chief executive officer at Air Transat, ...

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