Aviation

Jet fuel prices surge to $3.99 per gallon amid Middle East conflict

Jet fuel prices in the United States reached $3.99 per gallon on March 13, 2026, driven by disruptions from the Iran-involved Middle East conflict. The immediate trigger for this surge was the blockade of the Strait of Hormuz due to military actions, which has constrained oil exports and led to significant price hikes. Long-term implications include increased airline surcharges and fare hikes as airlines adjust to elevated fuel costs during the peak summer travel season.