Gains in jet fuel are double those of crude oil, but high travel demand is also pushing prices up
published : 3 Sep 2022 at 14:39
A Singapore Airlines plane is refuelled on the tarmac at Changi Airport in Singapore in July this year. (ExxonMobil Asia Pacific/Handout Photo via Reuters)
Travellers alarmed at sky-high airfares for the year-end holidays can add soaring fuel prices, spurred in part by Russia’s weaponisation of its energy resources, to the list of factors to blame.
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