New Delhi, March 4 -- Wealthy people who have been stranded in the Middle East amid the ongoing conflict between the US and Iran have begun to turn to their deep pockets to buy a flight out of the region.

According to reports by Business Insider and the Associated Press, demand to leave the region started spiking last week, with private flight operators saying that there was "a noticeable increase in enquiries from Friday onwards".

That demand has now pushed up the cost of chartering a private flight, especially with the availability of such flights decreasing amid continued air strikes and the possibility of escalation.

"There are an increasingly limited number of aircraft willing and able to fly to and from the area," Glenn Phillips,...