Fuel

US airlines project confidence as fuel costs surge in wake of US-Israeli war on Iran - analysis

For the biggest US carriers, which do not hedge against oil price rises, the shock is showing up mainly in the fuel bill, with jet fuel prices nearly doubling since the conflict began.

A SOUTHWEST Airlines Boeing 737 airplane departs from Harry Reid International Airport as a Delta Airlines aircraft taxis on March 11, 2026 in Las Vegas, Nevada.
INDIAN VESSEL ‘Nanda Devi’ carrying liquefied petroleum gas arrives at Vadinar Port in the Jamnagar district of Gujarat state earlier this week, after Iran allowed it to pass through the Strait of Hormuz, a key energy corridor that Iran has selectively closed.

Middle Israel: Iran's multilevel blockade of the Straight of Hormuz is destined to fail - opinion

"Consumers are shifting from category-based buying to choosing what’s cheapest, closest, and most convenient."

Matzot, vegetables, and a washing machine: Passover 2026 marks a new era of Israeli consumerism

People walk as smoke rises in the background after a reported strike on Shahran fuel tanks, in Tehran, Iran, March 8, 2026

Iran threatens region's oil facilities if Israel, US target its energy infrastructure - report


Global powers release oil reserves as Iran war threatens Strait of Hormuz supply

IEA member states approved the release of 400 million barrels from strategic oil reserves to mitigate the impact of a potential Iranian blockade of the Strait of Hormuz.

The Callisto tanker sits anchored as the traffic is down in the Strait of Hormuz, amid the US-Israeli conflict with Iran, in Muscat, Oman, March 10, 2026.

Airline shares battered, airfares surge as Iran war pushes oil above $100

Some jet fuel prices have doubled since the start of the conflict, with a growing risk of widespread aircraft groundings due to a potential drop in travel.

An Emirates Airbus A380 passenger aircraft prepares for landing at Dubai International Airport in Dubai on March 8, 2026.

US surprised by scope of Israel's attacks on Tehran fuel depots, warns strikes could backfire

The US expressed surprise at the scale of Israeli strikes on Iranian oil depots, warning that targeting critical infrastructure could backfire.

People walk as smoke rises in the background after a reported strike on Shahran fuel tanks, in Tehran, Iran, March 8, 2026

Israel’s strikes expose the vulnerability of Iran’s energy lifeline

The images emerging from Tehran this week depict what witnesses are calling a “hellscape” - an inferno stretching across the horizon as Israel reportedly targets fuel sites in Iran.

Smoke rises following an explosion, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 7, 2026.

Just one in four Americans supports US strikes on Iran, Reuters/Ipsos poll finds

A Reuters/Ipsos poll finds just 27% of Americans approve of the US strikes on Iran, with concerns over US casualties and rising oil prices.

An F/A-18F Super Hornet prepares to launch from the US Navy Nimitz-class aircraft carrier USS Abraham Lincoln in support of the Operation Epic Fury attack on Iran, February 28, 2026.

Iran's IRGC seizes two vessels in Persian Gulf, official threatens US with 'massacre and hell'

The IRGC Navy’s Public Relations Department alleged that more than one million liters of smuggled fuel were found on the ships.

Islamic Revolutionary Guard Corps (IRGC) Navy's speedboats move during an exercise in Abu Musa Island, in this picture obtained on August 2, 2023

How Iran’s economic collapse is tightening the regime’s options - analysis

Iran’s central bank began distributing a 5,000,000-rial “Iran-cheque” on Sunday, describing it as a step to “facilitate the circulation of cash” and speed up everyday transactions.

IRANIAN BANKNOTES are displayed next to a US dollar bill in Neyshabur, Iran on December 30, 2025. The Iranian rial has continued to weaken against the US dollar amid high inflation, currency volatility and ongoing economic pressures linked to sanctions and domestic challenges.

Boeing, Technion move Israeli sustainable jet fuel project into implementation phase

Boeing and the Technion are moving their joint sustainable aviation fuel initiative from feasibility work into hands-on development of cost-competitive electrofuels.

Technion President Prof. Uri Sivan, President of Boeing Israel, Maj.-Gen. (res.) Ido Nehushtan, and Boeing Global President Dr. Brendan Nelson.

'Seven years to clear this rubble': UN says Gaza filled with over 60 million tons of debris

There are over 60 million tons of rubble in Gaza, the UN official claimed, enough to nearly fill 3,000 container ships, and enough for everyone in Gaza to be surrounded by 30 tons of it on average.

Destroyed buildings as seen from an Israeli military outpost within the borders of the ‘yellow line’ in the eastern part of Gaza City in the Gaza Strip. The photo was taken as part of an IDF ‘embed’ and reviewed by the IDF before publication.

Fuel prices in Israel to drop below 7 shekels per liter for first time since 2023

Fuel prices will drop below 7 shekels per liter for the first time since 2023, with the new rate of 6.85 shekels taking effect on January 1, the energy ministry announced.

View of the southern Israeli town of Beer Sheva. March 31, 2025.