EconomyTravel
Airline Miles Lose Value as Iran War Drives Up Summer Fares
Rising jet fuel costs from the Iran conflict are reducing the purchasing power of airline reward miles just as summer travel season begins.
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Rising jet fuel costs from the Iran conflict are reducing the purchasing power of airline reward miles just as summer travel season begins.
Gas prices are surging past $4.80 per gallon ahead of summer travel, driven by the Iran war and Strait of Hormuz closure. Consumers face higher costs.