Tagged: oil markets

Jet fuel prices double, leading airlines to increase baggage fees, raise fares
oil markets

Jet fuel prices double, leading airlines to increase baggage fees, raise fares

Camila Domonoske | Apr 16, 2026, 10:00 AM UTC
Airlines are facing higher costs, and one airport group in Europe has warned of the risk of a "systemic jet fuel shortage" if traffic through the Strait of Hormuz doesn't normalize by the end of this month.