US aircraft fuel prices rise again

Aircraft fuel prices have risen again in parts of the United States, approaching their highest levels since the outbreak of the US-Iranian war, rekindling concerns about increased operating costs for airlines and travelers. The fuel price on the US Gulf Coast reached $4.55 per gallon, while in New York it stood at $4.75, amid widespread disruptions in energy markets caused by supply issues related to diesel fuel—connected to jet fuel prices—due to declining production and soaring prices reflecting global market disruptions. This has led to higher airline ticket prices and increased pressure on airlines, with fuel production dropping to its lowest level since March, despite temporarily elevated storage levels during the summer before returning to typical seasonal levels.

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