Airlines have trimmed their schedules, added surcharges and raised fees or fares as the price of jet fuel rises. Jet fuel is generally airlines' biggest cost after labor. Fuel prices have nearly ...

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 ...

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.

A search-and-rescue operation was under way for the crew of a U.S. jet fighter that went down over Iran, the first known loss of a jet inside the country since the start of the war, people familiar ...

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 ...

NEW YORK, April 1 (Reuters) - President Donald Trump this week told countries struggling to get jet fuel due to Iran's blockade of the Strait of Hormuz to buy from the U.S., but analysts say there is ...

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 ...

This is read by an automated voice. Please report any issues or inconsistencies here. Jet fuel prices have surged due to the Middle East war’s disruption of global oil supplies, threatening to raise ...

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 ...