Even though some Asian countries are opening up their borders and easing restrictions on air travel,jet fuel demand in the region is set to hit a turbulent patch as the Russia-Ukraine crisis threatens to spike aviation turbine fuel prices,denting passenger traffic."Passenger flights are still limited,and jet fuel is more and more expensive.How are the airlines going to afford?,"said a regional refiner,adding that it was not easy to pass on the higher costs to passengers.The Russia-Ukraine conflict could have far-reaching implications for the global economy as oil prices continue to rise,particularly Europe,given Russia's unique position as a pre-eminent energy supplier to the region,said JY Lim,oil markets adviser at S&P Global Commodity Insights.
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