Jet fuel prices are rising as oil spikes on Iran war. Airlines are already announcing fare increases or fuel surcharges

Fortune

byRio Yamat, The Associated Press

Saturday, March 14, 2026 at 02:36 PM

Jet fuel prices are rising as oil spikes on Iran war. Airlines are already announcing fare increases or fuel surcharges

Fuel typically accounts for 20% to 25% of an airline’s operating costs, making it the second-largest expense after labor.

Jet fuel prices are rising as the war in the Middle East disrupts global oil supplies, putting cost pressure on airlines as the busy summer travel season approaches.Experts say its not a question of … [+5740 chars]

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Jet fuel prices are rising as oil spikes on Iran war. Airlines are already announcing fare increases or fuel surcharges

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