Chevron CEO: Airfares Likely to Rise as Jet Fuel Tightens Amid Iran Tensions
TL;DR Summary
Chevron CEO Mike Wirth warns that air travel prices may climb and flight availability could tighten in the coming weeks as global jet-fuel costs rise due to Iran tensions, with North America already seeing an 80%+ year-over-year surge in jet fuel and airlines adjusting routes; U.S. gas prices hover around $4.03/gal.
- Air travel prices likely to get worse in coming weeks, Chevron CEO says CBS News
- Airlines are about to run out of jet fuel because of the Iran war CNN
- Jet Fuel Is Running Out in Europe. Why Your Summer Travel Plans Are at Risk. Barron's
- Don’t panic about summer flight prices yet. Here’s what to do. The Washington Post
- Europe's summer travel is on the line as airlines' jet fuel supply dwindles CNBC
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