Several airports in Italy issued advisories of limited fuel supplies for the next few days as the conflict in the Middle East shows few signs of ending. Fuel restrictions for flights have been ...
James LaPorta is the national security coordinating producer for the CBS News' Washington bureau. He is a former U.S. Marine veteran infantryman and veteran of the Afghanistan war. Washington — A U.S.
This issue is preventing our website from loading properly. Please review the following troubleshooting tips or contact us at [email protected]. Analysis: Why Jet Fuel Is the Real Harbinger of the ...
Gas prices are grabbing the headlines, but jet fuel prices have doubled in the last two months. So far, air fares are only up modestly. But that could change in the next couple of months. “We are ...
Jet fuel prices in the U.S. have more than doubled in a matter of weeks as Middle East tensions squeeze supply, fueling concerns airlines could run short of fuel. Prices jumped from about $2.17 to ...
The national average cost of a gallon of Jet-A totaled $6.86 in March 2026, up 13 cents from February and up 24 cents from a year ago, according to a survey of U.S. FBOs by the Aviation Research Group ...
Airline ticket prices are already rising, but an extended crisis in Iran could have bigger effects on the global travel industry. It’s already happening, to some degree. Several airlines, including ...
The closure of the Strait of Hormuz has shattered the traditional diesel–jet pricing relationship in Europe, pushing the jet-diesel regrade from a normal –$5 to +$2/bbl range to an unprecedented ...
HONG KONG/GDANSK, March 12 (Reuters) - As a sharp rise in oil prices rattles global transport markets, airlines face an additional threat: the price of jet fuel has risen far faster than crude prices.
Refined fuel markets are under greater strain than crude, with jet fuel premiums over Brent surging to record levels as the Strait of Hormuz disruption chokes Middle East supply. Jet fuel prices in ...
Get ready to pay more to fly. The war in Iran has sent fuel prices surging. On Friday, spot prices for jet fuel were nearly $4 per gallon, up roughly 80% from a month ago, when they were hovering ...
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