Topic
Fuel Costs
60 stories related to this topic, newest first.
Abc Newsworld2 days ago
Nigerians Repatriated from South Africa Cite Safety Gains but Face Higher Fuel Costs and Job Shortages
Hundreds returned on a June 11 flight after anti-migrant protests; returnees cite fuel prices that rose from 85 naira to 1,400 naira per liter since 2016.
prnewswire.comfinance3 days ago
Los Angeles Port Imports Hit Second-Highest Level Amid Rising Fuel Costs From Middle East Conflict
Importers accelerated shipments ahead of higher fuel costs and potential U.S. tariffs, lifting May 2026 volumes 26 percent from a year earlier. Shipping lines added emergency surcharges to cover bunker fuel price spikes tied to the Middle East conflict.
agriculture.einnews.comworld5 days ago
Aeta families in Tarlac face higher fuel costs after Middle East disruptions
Higher gasoline and diesel prices have increased transportation costs for vendors in Kalangitan, reducing daily earnings. Attendance at the Aeta Learning Center has declined as residents prioritize work over classes.
winnipegfreepress.comworld6 days ago
Republicans link potential Iran deal to lower gasoline prices
Republican lawmakers expressed hope that renewed talks with Iran could ease pressure on U.S. fuel costs. Analysts cited in the coverage note that any price relief may arrive after recent market shifts have already occurred.
thenation.comworld9 days ago
UK Economy Shrinks Slightly Amid Higher Fuel Prices from Iran War
New official figures show the UK economy contracted slightly amid higher fuel costs linked to the Iran war.
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prnewswire.combusiness11 days ago
Americans Adjust Summer Travel Plans as Gas Prices Rise but Domestic Trips Continue
Groups and families are shortening summer trips or choosing domestic routes as fuel costs reshape plans. Surveys show continued travel interest but with tighter budgets and closer destinations.
al-monitor.comworld11 days ago
AirAsia X Delays Bahrain–London Route Launch by at Least Two Months Citing Middle East Conflict and Fuel Costs
The Malaysian carrier cited Middle East conflict and fuel volatility for postponing the Kuala Lumpur-Bahrain-Gatwick service originally set for June. Passengers will receive refunds or new bookings.
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investopedia.comfinance13 days ago
Airline Industry Net Profit Forecast Falls to $23 Billion
The International Air Transport Association projects airline net profit will fall to $23 billion this year from $45 billion in 2025. Higher fuel costs linked to the Iran conflict account for most of the decline.
rediff.comfinance13 days ago
British Airways Chief Executive Says Higher Jet Fuel Prices Will Raise Airfares
British Airways chief executive Sean Doyle stated that sustained high fuel costs will require the airline to increase ticket prices. Jet fuel now costs $1,710 per metric tonne, more than double last year's price. The Strait of Hormuz, which supplies about 40 percent of Europe's j…
The Independentbusiness14 days ago
MSC Cruises Absorbs Fuel Costs for Summer but Cancels Arabian Gulf Season and Eyes Itinerary Changes if Iran War Continues
MSC Cruises said it will absorb higher fuel costs through the summer rather than pass them to passengers. The line has cancelled Arabian Gulf sailings and is monitoring the conflict's duration.
foxnews.comworld15 days ago
U.S. Recreational Boaters Face Higher Fuel Costs Ahead of Summer Season
Gasoline and diesel prices remain elevated compared with last year, prompting some boat owners to shorten trips or alter plans. Industry groups report that most boaters still intend to use their vessels this season.
finance.yahoo.comworld15 days ago
Container shipping rates rose last week on fuel costs and port delays
Container shipping rates increased over the past week due to higher fuel costs, congestion at some Asian ports, and stronger demand ahead of the peak booking season for ocean freight.
pakistantoday.com.pkbusiness17 days ago
EU transport official says no jet fuel shortage in Europe despite Middle East conflict
The European Union’s transport commissioner stated there is currently no jet fuel shortage in Europe. Airlines cut two million seats in May and have raised ticket prices amid higher fuel costs.
jurist.orgworld18 days ago
Pentagon reports higher fuel costs and training cuts
The Defense Department has recorded a nearly 27 percent rise in average fuel prices since October. The Army has reduced training programs and flight hours to address a multi-billion-dollar shortfall through September.
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middleeasteye.networld18 days ago
Airline Chiefs Gather in Rio for IATA Summit Amid Iran War Fuel Price Pressures
Airline executives will gather in Rio de Janeiro June 6-8 to discuss rising jet fuel costs and flight disruptions caused by the Iran war. The annual IATA meeting brings together leaders from carriers representing 85% of global air traffic.
upi.comfinance19 days ago
Lawmaker Proposes One-Month Pause in U.S. Aid to Israel
A member of Congress said a temporary halt in assistance would produce immediate effects on regional conflict and domestic fuel costs. The statement followed reports of a tense exchange between U.S. and Israeli officials.
uctoday.comworld19 days ago
American Airlines to Suspend Six Domestic Routes in Late 2026 Citing High Fuel Costs
The airline will end nonstop service on four routes from Los Angeles International Airport and two from Charlotte, citing higher fuel costs. The routes carried more than 1.4 million round-trip passengers last year.
indiatoday.intoday.inbusiness21 days ago
Iran war raises jet fuel costs and cuts flights to Southeast Asia
Elevated fuel prices and route changes linked to the Iran conflict have prompted airlines to cancel flights and increase fares to tourism-dependent countries. Tourism revenue supports millions of jobs and contributes up to 13 percent of GDP in Thailand.
themarketherald.com.aubusiness22 days ago
Australian Diesel Prices Hold Above $2 per Litre as Owner-Drivers Manage Rising Fuel Costs
Owner-driver Frank Black returned to work after parking his truck for more than two weeks when fuel costs exceeded revenue. Diesel rose from about $1.80 to a peak of $3.20 a litre in April.
finance.yahoo.comworld24 days ago
Survey Finds One in Four Americans Delaying Car Maintenance Over Gas Prices
A new survey reports that 25 percent of American drivers are postponing vehicle maintenance because of higher fuel costs. The poll also measured related changes in driving habits and spending priorities.
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thestreet.comworld25 days ago
Swing Voters Report High Gas Prices Affecting Household Budgets
Voters in swing states say rising fuel costs are influencing their personal finances. NPR's Swing Shift project found these voters divided on responsibility for the price increases.
upi.comworld26 days ago
U.S. lawmakers examine higher aviation fuel costs for fiscal 2027 defense bill
Lawmakers are reviewing the impact of increased fuel prices on military aviation budgets ahead of the fiscal 2027 National Defense Authorization Act. The discussion occurred during a Senate hearing on the Department of Defense posture.
indianexpress.comsports28 days ago
Nigeria NCAA Suspends No-Pay No-Service Directive for Domestic Airlines
The Nigerian Civil Aviation Authority has temporarily suspended enforcement of a directive that would have withheld regulatory services from 11 domestic airlines over unpaid statutory remittances. The suspension follows consultations with industry stakeholders and concerns over r…
Nbc Newsbusiness28 days ago
Higher Fuel Prices Expected for U.S. Summer Travel
Disruptions linked to conflict near the Strait of Hormuz are raising fuel costs for American drivers and airline passengers. NBC News reported that millions of travelers face elevated prices this summer season.
New York Postbusiness29 days ago
Gas Prices Rise to Near Record Highs Before Memorial Day
National average fuel costs are approaching historic peaks as the Iran conflict disrupts oil supplies. AAA projects more than 39 million Americans will travel by car this weekend despite elevated prices.
upi.comfinance30 days ago
Iran Conflict Reduces Jet Fuel Supply from Middle East
Airlines face higher jet fuel costs after Middle East supply disruptions. European summer flights remain available as refiners increase output elsewhere.
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New York Postbusiness30 days ago
U.S. gasoline prices hit $4.55 per gallon
The national average for regular gasoline rose to $4.55 a gallon on Friday, up more than 50 percent since late February. Researchers estimate Americans have paid nearly $45 billion in additional fuel costs since the conflict began.
winnipegfreepress.comworld31 days ago
Kenya Public Transport Federation Ends Nationwide Fuel Strike After State House Meeting
The Federation of Public Transport Sector called off a fuel strike on Friday after meeting with President William Ruto. The group said the government agreed to address insurance claims, auctioneering practices, and fuel costs.
Usa Todaytechnology31 days ago
Sedan Sales Rise in U.S. as Buyers Seek Lower Prices and Fuel Costs
Sedans are gaining renewed interest in the U.S. market amid higher new-vehicle prices and ongoing fuel expenses. Several models are being positioned as more affordable and efficient alternatives to larger vehicles.
americanbanker.comfinance31 days ago
Fed Official Says Gas Prices Could Take Months to Fall After Hormuz Reopen
A Federal Reserve official stated that gasoline prices may remain elevated for months even after the Strait of Hormuz reopens. The comment highlights the lag between supply chain recovery and consumer fuel costs.
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rte.iefinance4 days ago
U.S. Retail Sales Remain Resilient Despite Higher Inflation and Gas Prices
Consumer spending continues to support the U.S. economy even as inflation reached 3.8 percent in April and households face higher fuel costs. Retailers including Walmart reported strong sales growth while polls show many Americans feel financial stress.
videogameschronicle.comfinance31 days ago
Walmart Says It Will Use Tariff Refunds to Lower Prices
Walmart executives stated on Thursday that the company may direct tariff refunds toward price reductions. They also noted that rising fuel costs are affecting customer spending patterns.
foxbusiness.comfinance32 days ago
Walmart reports lower sales forecast
Walmart reported first-quarter results that topped revenue estimates but issued a softer outlook for the current quarter and full year. Finance chief John David Rainey said higher tax refunds had eased the impact of elevated fuel costs on shoppers so far.
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bstrategyhub.combusiness32 days ago
Walmart, Target and TJX report higher sales as fuel costs rise
Walmart, Target and TJX reported sales growth in recent quarters. The results came as higher fuel prices increased costs for many goods.
foxbusiness.comfinance32 days ago
Walmart Reports Slower Profit Growth Due to Higher Fuel Costs
Walmart said it absorbed higher fuel costs linked to the Iran war rather than passing them on to customers. The U.S. retail giant reported slower profit growth in its latest results.
rte.iefinance32 days ago
EasyJet Reports Lower Summer Bookings
EasyJet said summer holiday bookings are behind last year's levels as the Middle East conflict affects consumer confidence. The airline reported a £25 million increase in jet fuel costs in March and a £552 million pre-tax loss for the six months to 31 March.
ibtimes.co.ukfinance32 days ago
U.S. Gasoline Prices Reach Highest Level in Four Years
Record U.S. gasoline prices have prompted some drivers to use public transit or smaller vehicles. The Iran war and Strait of Hormuz disruption have added more than $40-45 billion in extra fuel costs for American consumers.
cnbc.comworld33 days ago
U.S. National Average Gasoline Price Reaches $4.50 per Gallon
The national average price for a gallon of gasoline has risen more than $1.50 since the start of the conflict with Iran. The increase has raised monthly fuel costs for drivers in several states.
rte.ieworld33 days ago
European Airlines Call on EU to Review Passenger Compensation Rules
Executives from 35 smaller European airlines sent a letter to EU officials on Tuesday asking for a pause in planned changes to passenger compensation rules. They cited a near doubling of jet fuel costs linked to the conflict in Iran and said thin profit margins on regional routes…
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thewrap.compolitics33 days ago
Trump Administration Works With Congress on Federal Fuel Tax Suspension
The Trump administration is working with Congress to suspend federal excise taxes on gasoline and diesel. The move comes as the war in Iran drives up oil and fuel costs.
thecanary.cobusiness35 days ago
UK Businesses Pause Investment and Hiring Plans Over Iran Conflict
Surveys show more than half of medium-sized UK firms cite higher energy and fuel costs as their main challenge. Vacancies fell 7.7 percent in April to 711,733.
news18.comfinance38 days ago
Strait of Hormuz Closure Cuts Off Over 40% of India's Crude Oil Imports
Two and a half months into the Middle East conflict, India faces surging fuel costs, a record currency low and accelerating capital outflows. Oil Minister Hardeep Singh Puri detailed daily losses of up to ₹1,000 crore for state retailers while the government maintains artificiall…
New York Postworld39 days ago
Allegiant Air Completes Purchase of Sun Country Airlines
The low-cost carrier finalized its $1.5 billion acquisition of Sun Country on Wednesday after securing regulatory and shareholder approvals. The deal creates a larger budget airline with nearly 195 aircraft serving 175 cities as the industry faces sharply higher jet fuel costs. I…
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tvinsider.compolitics37 days agoUpdated
Jet Fuel Prices Rise After Strait of Hormuz Disruption
President Trump said oil prices rose very little due to the war with Iran. International Air Transport Association head Willie Walsh warned that higher ticket prices for air travellers in Europe are inevitable because of elevated jet fuel costs, with UK summer shortages possible…
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Substrate placeholder — needs reviewworld39 days ago
Air New Zealand Cuts Costs and Capacity Amid Rising Jet Fuel Prices
The airline cited sharply higher jet-fuel costs linked to the Middle East conflict. It is responding by cutting costs and reducing services. Air New Zealand said all four developments stem directly from the conflict's impact on fuel prices.
interestingengineering.comworld40 days ago
Army Adjusts Training Programs and Spending to Manage $4-6 Billion Shortfall
The Army is canceling elite courses, cutting flight hours and reducing unit training to close a multibillion-dollar gap driven by the Iran war, border missions and rising fuel costs. Internal documents show the III Armored Corps, which controls nearly half the service's combat po…
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abcnews.go.combusiness40 days ago
Army Reduces Training, Tightens Spending as Fiscal Year Ends Amid Higher Fuel Costs and Border Mission Expenses
The Army is canceling elite courses, cutting flight hours and imposing aggressive spending scrutiny as it confronts a multibillion-dollar budget gap driven by the Iran war, border missions and rising personnel costs. Internal documents show the III Armored Corps, representing nea…
naturalnews.compolitics39 days ago
Trump Proposes 90-Day Suspension of Federal Gasoline and Diesel Taxes
President Donald Trump on Monday endorsed a temporary suspension of the federal gasoline tax amid rising fuel costs tied to the war with Iran. Sen. Josh Hawley introduced legislation for a 90-day pause that would affect the 18.4-cent-per-gallon gasoline levy and 24.4-cent diesel…
channel4.compolitics40 days ago
Trump Proposes Suspending Federal Gas Tax
President Trump proposed suspending the federal gas tax until prices fall further. The move would require congressional approval and would not offset the sharp rise in fuel costs since the war in Ukraine began. The proposal was included in a broader discussion of domestic policy…
Los Angeles Timesbusiness41 days ago
Port of Los Angeles Container Volume Rises 5.7 Percent in April
The Port of Los Angeles handled 890,861 container units in April, its second-busiest April on record. Imports grew while exports declined slightly amid tariff uncertainty and higher fuel costs linked to the closure of the Strait of Hormuz. Year-to-date volume stands 2 percent bel…
The Timesscience41 days ago
US-Philippines Joint Military Drills End Amid Local Economic Strain
The annual Balikatan exercises involving 17,000 service members from the United States, Philippines and Japan concluded last week. The drills featured unmanned aircraft and live-fire exercises near areas where fishing has been restricted. Local fishermen and union leaders reporte…
Substrate placeholder — needs reviewfinance42 days ago
Strait of Hormuz Disruption Highlights Energy Risk for Businesses
A potential closure of the Strait of Hormuz, which carries one-fifth of global oil supply and significant liquefied natural gas, would affect corporate supply chains beyond direct fuel costs. Energy shocks now spread rapidly through electricity-dependent systems including manufac…
marketwatch.comfinance42 days ago
Frontier Adds Capacity at Airports Where Spirit Had Large Presence
Frontier Group Holdings Inc. has added 3 million seats to its schedule between June and September following the shutdown of Spirit Airlines on May 2. The additions target airports including Orlando, Las Vegas and Dallas-Fort Worth. Most other U.S. carriers are reducing or holding…
Le Mondeworld42 days ago
Falling Used EV Prices and Rising Fuel Costs Make Low-Carbon Options More Attractive for French Middle-Class Households
A report released on May 7 by the Institute for Climate Economics found that higher fossil fuel prices and lower costs for used electric vehicles have improved the economics of low-carbon solutions in housing and transport. The analysis examined two typical French families with c…
dohanews.coscience43 days ago
Sri Lanka’s Human-Elephant Conflict Intensifies Amid Rising Food and Fuel Costs
A longstanding conflict between farmers and elephants in Sri Lanka has intensified as food and fuel grow scarcer due to the war in the Middle East. NPR reported the development on May 9, 2026. The segment aired on All Things Considered and runs 5:21 in length.
ecns.cnpolitics43 days ago
US Oil Blockade on Cuba Hits Private Sector Businesses
The United States imposed an oil blockade on Cuba in late January 2026. Private businesses in Havana report sharp increases in fuel costs, longer power outages and reduced profitability. The Cuban government has responded with new regulations to expand opportunities for the priva…
GB Newsfinance44 days ago
British Airways Says Airlines Will Raise Fares Due to Higher Fuel Costs From Iran Conflict
The chief executive of British Airways said all airlines will need to increase fares to offset rising jet fuel prices caused by the closure of the Strait of Hormuz during the Iran war. Jet fuel makes up a quarter of British Airways' costs. The company reported it is managing the…
Forbesworld44 days agoUpdated
U.S. Consumer Sentiment Index Falls to 48.2 in May
The University of Michigan’s consumer sentiment index dropped to 48.2 in May from 49.8 in April, according to data released on May 08, 2026. The survey found Americans remain pessimistic about the economy amid rising costs linked to the Iran war, including higher gas prices. The…
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Los Angeles Timesworld45 days ago
Shipping Fuel Costs Rise Sharply at Los Angeles and Long Beach Ports
The cost of marine fuel at the ports of Los Angeles and Long Beach is nearly 20 percent higher than at other major ports worldwide and has risen faster since the war in Iran began. Shipping companies are adding fuel surcharges, slowing vessel speeds and passing higher costs to cu…
New York Postfinance4 days agoUpdated
Spirit exit likely to lead to higher U.S. airfares, experts say
Spirit's shutdown has added to worries about higher airfares, as ticket prices already rise over soaring jet fuel costs due to the Middle East war.
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