Air Freight Prices Surge by 70% Amid Middle East Conflict

Air freight prices have increased by up to 70% since the onset of the conflict in Iran, according to recent reports. According to Jin10, industry experts highlight that the closure of Middle Eastern airspace and security concerns are significantly impacting the cost of routes between South Asia and Europe. The ongoing geopolitical tensions are causing disruptions in air logistics, leading to heightened costs and operational challenges for carriers operating in these regions.