SAS airline launched flights from Stavanger to Houston last summer at a time when oil price was more than double what it is now

When direct flights from northern Europe’s oil capital to the heart of Texas launched a year ago, passengers toasted their booming industry with vintage champagnes.

Since then, however, the oil price has more than halved, gouging a hole in Norway’s economy and forcing the Scandinavian airline SAS to cancel its six flights a week from Stavanger to Houston.

Related: Oil price crash threatens the future of the North Sea oilfields

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