As the U.S. and Israel's war with Iran squeezes global oil supplies, travelers have valid reasons to worry about the cost and availability of flights as they plan their late spring and summer trips.

The head of the International Energy Agency has warned that European countries could run low on jet fuel within weeks, forcing the continent's airlines and carriers that fly to Europe to significantly reduce flights. Many airlines have already raised checked bag fees or added fuel surcharges as the global price of jet fuel increased from about $99 per barrel at the end of February to as high as $209 a barrel at the beginning of April.

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