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Air Freight Rates Soar 70% Amid U.S.-Israeli Conflict

3/14/2026

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Story summary
  • Air freight rates have surged up to 70% since the onset of the U.S.-Israeli war on Iran.
  • The conflict disrupted key air cargo hubs Dubai and Doha.
  • Over 100 container ships are stranded as the industry monitors capacity on alternative routes.
  • Shipments of generic medicines shift from ocean to air at 5 to 10 times the cost.
  • Jet fuel prices have doubled, prompting surcharges and inflationary pressures on essential goods.