A surprise development following the Iran conflict is not just empty seats on flights or vacant hotel rooms. It’s the sudden availability of frequent flyer or frequent stay award seats or rooms that are often at reduced redemption levels.

The airlines and hotels didn’t plan on this, but it’s become perhaps one of the best times to redeem your hard-earned miles or hotel points. There are no guarantees on how long this will last, but the law of supply and demand—at least for now—may be working in your favor for once.

One caution is that these redemption deals are not often announced in advance and may only pop up for a day or two before being removed.