The U.S. Air Force signaled on Friday that a luxury jet donated by Qatar is on track to be temporarily used as Air Force One as soon as this summer. The service announced in a news release that it has ...

Chevron CEO Mike Wirth warned that strain on the aviation industry could intensify in the coming weeks as jet fuel supplies tighten, driven by disruptions tied to the Iran war. Appearing Sunday on CBS ...

Europe faces a potential shortage of jet fuel in the coming weeks due to the Iran war and closure of the Strait of Hormuz. Some airlines have already said they would cut flight schedules amid rising ...

Airlines are cutting routes this summer as they face rising jet fuel costs amid the Iran war. Air Canada, Delta, and other airlines said Friday that certain routes will be impacted. "The spike in oil ...

A looming jet fuel shortage in Europe and Asia, driven by the Iran war and closure of the Strait of Hormuz, could upend global travel within weeks if oil doesn't start flowing again soon – pushing up ...

NEW YORK (AP) — A looming jet fuel shortage in Europe and Asia sparked by the Iran war and the effective closure of the Strait of Hormuz could further upend world travel within weeks if oil doesn't ...

While carriers in Asia and Europe are managing the oil crisis by rationing jet fuel and cutting flights, U.S. airlines remain more insulated for now—but energy experts say no country is immune.

PARIS—For more than a month, the war with Iran has choked off one of the world’s most critical sources of jet fuel, triggering a swift and dramatic shortage across the aviation world. Airlines, ...

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 ...

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 ...

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 ...