Airfares Starting to Rise as Iran War Pushes Jet Fuel Prices Higher

Airfares Starting to Rise as Iran War Pushes Jet Fuel Prices Higher
Passengers arrive at Pearson International Airport in Toronto on Feb.11, 2026. The Canadian Press/Jon Blacker
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Airlines across the globe are starting to hike fares and fuel surcharges in response to a surge in oil prices sparked by the war in Iran, and Canada is no exception.

Several carriers indicated this week that higher ticket prices are likely—or already a reality—in response to cost pressures stemming from fallout of the conflict, which entered its 12th day on Wednesday.