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Story summary
- Sir Richard Branson blamed US and Israeli leaders for war-driven fuel price surge, calling the Iran conflict unnecessary and inflationary.
- Virgin Atlantic added a May surcharge of £50 for economy, £180 for premium, £360 for business as costs rose.
- European benchmark jet fuel price peaked above $1,800 per tonne in April, then fell to $1,450.
- British Chancellor John Healey warned the October 28 Budget could face pressure from higher energy costs.
