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Rewritten from BBC — Business 1 min read
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Ryanair reports decline in profits due to rising fuel costs

Ryanair has announced a decrease in profits, citing rising fuel costs as a significant factor. The airline highlighted that Brent crude oil prices have exceeded $90 per barrel, impacting its financial performance.

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Ryanair

Ryanair, the Irish airline, reported a decline in profits attributed to increased oil prices. The company noted that Brent crude oil prices have surpassed $90 per barrel, contributing to higher operational costs.

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Original Headline

Ryanair profits drop as Iran war puts off passengers and lifts fuel costs

Neutral Headline

Ryanair reports decline in profits due to rising fuel costs