India, March 12 -- Airlines across Asia and Europe are raising ticket prices and adding fuel surcharges as sharp swings in global oil prices, triggered by the ongoing Iran war, are pushing operating costs higher.

Airlines are also grappling with major disruptions to flight routes through the Middle East. With many carriers avoiding the region due to security concerns, demand for longer alternative routes has surged, pushing ticket prices higher. According to aviation analytics firm Cirium, more than 43,000 flights to and from the Middle East were cancelled between February 28 and March 10, reported news agency Bloomberg.

Several airlines have already announced fare hikes or additional surcharges to offset rising fuel costs:

Low-cost ca...