Back to today’s briefing

Story perspectives

Airfare Soars 15-124% Amid Iran Conflict, Experts Warn

3/14/2026

24 2 Full Breakdown

Summary

Story summary

Rising oil prices tied to the Iran conflict are driving up U.S. airfare costs.
A Deutsche Bank analysis indicates domestic airfares have surged 15%–124%, with some airlines adding fuel surcharges.
Experts advise booking flights sooner to lock in lower fares as prices are expected to rise.
The Points Guy recommends booking domestic flights one to three months in advance and international trips three to six months ahead.

History

Historical Context

The 1973 oil crisis, triggered by the Arab oil embargo during the Yom Kippur War, led to a dramatic 400% increase in oil prices, significantly impacting global economies. The U.S. faced soaring inflation and unemployment, prompting shifts in consumer behavior and energy policies. Today, rising oil prices due to the Iran conflict echo this historical precedent, with airfare costs surging by 15%–124%.

1 of 2

Story summary

Rising oil prices tied to the Iran conflict are driving up U.S. airfare costs.
A Deutsche Bank analysis indicates domestic airfares have surged 15%–124%, with some airlines adding fuel surcharges.
Experts advise booking flights sooner to lock in lower fares as prices are expected to rise.
The Points Guy recommends booking domestic flights one to three months in advance and international trips three to six months ahead.

1 / 2