Airfares increase due to rising oil prices; tips to save money

The rising cost of oil due to the Iran war is significantly impacting flight prices in the U.S., with domestic airfares increasing by 15% to 124% for late March bookings. Jet fuel surcharges are being implemented by some airlines, as experts warn that high fuel costs could threaten the industry. Travelers are advised to book flights early and consider refundable tickets, as airfare volatility is expected to continue. Using travel points may also offer savings as cash prices rise.

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