EU says war impact on tourism is limited as fuel surges and shortages loom

Hedges softened costs but airlines warn supply may tighten soon

The EU says the war’s hit to Europe’s tourism sector has been limited so far, as airlines rely on hedges to buffer costs. But the situation is shifting: jet fuel prices have jumped nearly 84% since the Feb 28 US Iran war began. Airlines caution that aircraft or fuel supply shortages could surface within weeks, threatening travel plans.