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The firm added that contingency plans are already in place to ensure the native market is fully supplied. Iran’s Revolutionary Guard Corps has warned that ongoing U.S. and Israeli strikes on Iranian energy infrastructure could ship global oil prices above $200 per barrel. With Gulf-based carriers like Emirates, Qatar Airways, and Etihad usually dealing with roughly a third of Europe-to-Asia passenger visitors, the disruption to international journey flows is deepening quick — and analysts say high fares could suppress demand well into 2026. In Asia, Korean Air fell 8.6%, Air New Zealand dropped 7.8%, and Cathay Pacific misplaced 5%, while European carriers including Air France-KLM, IAG, and Lufthansa slid between 4% and 6%. Majority Whip Tom Emmer dismissed the spike as a “short-term experience” throughout a tv look, echoing President Trump, who posted over the weekend that rising crude prices are “a really small price to pay” for eliminating Iran’s nuclear menace.

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