Global Travel Under Pressure: How the Iran Conflict is Reshaping Bookings and Airfares
The joint Israeli-American strikes against Iran in late February 2026 have triggered immediate and profound disruption across the travel sector. Within days, the industry has come under dual pressure: a collapse in bookings for numerous destinations far beyond the Middle East, and a surge in fuel surcharges as airlines begin to pass rising costs onto passengers. The partial closure of regional airspace and escalating tensions around the Strait of Hormuz—a vital artery for global oil supplies—have destabilised a market that, until mid-February, was performing strongly. The long-awaited opening of the Grand Egyptian Museum (GEM) in Cairo had recently propelled Egypt … Read more