Airlines hike fares, cut millions of seats as Iran war drives up fuel costs
Surging jet fuel prices are prompting carriers to slash their flight schedules, casting a cloud over summer travel rush.

Surging jet fuel prices are prompting carriers to slash their flight schedules, casting a cloud over summer travel rush.









May Day events include calls to ‘tax the rich’ and abolish ICE amid $70bn proposed funding for immigration enforcement.
US president says EU ‘not complying’ with current trade deal, launches new tariffs to begin next week.
UAE wants to supply more oil than its OPEC quota and that could help push down prices once the Strait of Hormuz opens.
The long-awaited deal creates one of the world’s largest free trade areas with 720m potential consumers.
From Hormuz to Panama, the South China Sea to the Black Sea, geopolitics is rewriting the rules of global shipping.
Brent crude futures hit $126.41 on Thursday – a 5 percent rise for the week.
Inflation has robbed them of a third of their income since the post-2009 global financial crisis, statistics show.
Labour Day marches are being held as Iran war and rising energy prices threaten the global economy.
Flights are gradually back in the air, but uncertainty on the ground still lingers.
American Airlines has resumed flights as Donald Trump moves to rebuild ties following the abduction of Nicolas Maduro.