An international jet fuel shortage is driving up airfares and triggering thousands of flight cancellations as airlines grapple with rising costs. Analysts warn the crisis could deepen in the coming ...

The search for the pilot of a U.S. fighter jet that went down over Iran entered its second day on Saturday, as Iranian officials denied reports that the American crew member has been detained.

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.

Add Yahoo as a preferred source to see more of our stories on Google. Traders grew confident on Friday that U.S. military personnel will physically enter the terrestrial territory of Iran after an ...

A U.S. fighter jet was shot down in Iran, MS NOW reported. One crewmember was rescued. The U.S. is searching for the second member of the F-15 aircraft's crew, whose whereabouts are unknown, MS NOW ...

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 ...

Airlines are facing soaring jet fuel prices as a result of the U.S.-Israel-Iran war, as the global oil market is battling a severe disruption due to supply challenges. Jet fuel costs have surged by 81 ...

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.

We independently review everything we recommend. When you buy through our links, we may earn a commission. Learn more› By Mitch Moxley Mitch Moxley is a writer covering men’s style. For his first ...

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 ...

The three U.S. F-15 jet fighters mistakenly shot down in Kuwait come at a steep price. The F-15E Strike Eagle model, which the U.S. said was involved in the incident, costs $31.1 million, according to ...