
Iran War Sparks Broad Price Increases Across Airlines and Shipping
Rising energy costs linked to the Iran war are prompting price hikes across several industries. Delta and other carriers have raised baggage fees, USPS is adding an 8% package surcharge, and major shippers like Amazon, FedEx, and UPS have introduced fuel or logistics surcharges. United and JetBlue also raised bag fees, while Southwest announced baggage increases. The energy shock comes as oil and gas prices rise and supply routes through the Strait of Hormuz are disrupted, fueling broader inflation concerns as the Fed remains cautious and OECD projects higher inflation ahead.












