Wartime oil prices cause turbulence for flights: When will US feel the pinch?

1 week ago 15

The closure of the Strait of Hormuz and surging oil prices amid the conflict in Iran are causing turbulence for airlines and Americans’ travel plans. Oil prices have skyrocketed since the war began, and futures of international benchmark Brent crude were about $114 per barrel on Thursday. The high cost of oil, as well as the strait’s…

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