Airfares could rise in the weeks ahead as the Iran conflict disrupts energy markets and squeezes jet-fuel supplies, increasing costs for airlines and passengers.Fuel traders are watching the Strait of Hormuz closely, because disruptions from U.S.-Israeli strikes and retaliatory Iranian drone and missile attacks could quickly ripple through global oil and gas flows.Just about 21 miles wide at its narrowest, the Strait of Hormuz, between Iran and Oman, is a global energy choke point. Roughly 20 million barrels of oil move through the waterway each day, along with about one-fifth of global liquef...
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