Iran war shifts summer travel toward rail and local trips
Tourists choose rail and domestic trips this summer as the Iran war drives up fuel costs. Many travelers now book last minute to maintain holiday flexibility.
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Global travelers are shifting to domestic rail and safe-haven destinations as the Iran war pushes Brent Crude Oil to $100. Jet fuel prices have nearly doubled, forcing major airlines to project additional fuel expenses this year. For investors, this disruption threatens airline margins while boosting regional rail operators and Mediterranean hotel chains during the peak summer season.
