A joint military strike by the United States and Israel against Iran is projected to cause massive disruptions to global aviation networks. Major transit hubs, including Dubai and Doha, face significant operational challenges as they serve as critical crossroads for international travel between Europe, Asia, and Africa. The escalation is expected to sow chaos in flight schedules, necessitating extensive rerouting and potential groundings to ensure passenger safety. Airlines are bracing for a surge in operational costs, driven by rising fuel prices and increased insurance premiums amid heightened geopolitical risk. Analysts warn that the conflict could severely impact travel demand and the performance of aviation-linked instruments like the JETS ETF. Furthermore, the instability is likely to trigger significant volatility in BRENT crude and XAU/USD as markets react to the regional crisis.