Impact of a wider war on ME3
With tensions rising between Iran and Israel, multiple airlines have rerouted around Iranian airspace. Qantas have cancelled direct Perth-Heathrow flights to avoid overflight.
My question is, what effect will this have on the ME3, who are mostly all apparently in a bit of a boom currently? You would imagine it will greatly affect world travel in general, but specifically to and through the Middle East. Will oil prices explode and are we potentially looking at the start of a new downturn?
Apologies for the wholly negative view.