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Rising Jet Fuel Costs Drive Up Ticket Prices Amid Conflict

3/9/2026

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Story summary
  • The Middle East conflict is lifting ticket prices as jet fuel costs rise.
  • United Airlines CEO Scott Kirby says jet fuel costs, 25–30% of expenses, will push prices higher.
  • Jet fuel has surged to $3.88 per gallon, up 55% since actions began.
  • The Strait of Hormuz is effectively closed, threatening oil supplies and prices to $150 per barrel.
  • Thousands of flights have been canceled as the U.S. government assists travelers.