CNN
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Delta CEO: Jet fuel costs double, airfares rising since Iran war
Posted
March 18, 2026
Views
295,770
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1,597
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785
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March 18, 2026
295,770
1,597
785
0.81%
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10:01Now PlayingAs the war with Iran continues, oil prices are soaring and airlines are seeing higher fuel costs – which could hit travelers around the world in their wallets.
Brent crude, the global oil benchmark, rose 3% to trade around $103 a barrel, having jumped more than 4% earlier in the trading session. WTI, the US benchmark, climbed 3.7% to trade around $97 a barrel. Gasoline prices in the United States continued to march higher, rising 7 cents Tuesday to a nationwide average of $3.79 a gallon – the highest price for a gallon of regular gas since October 2023, according to the American Automobile Association.
CNN senior business reporter David Goldman details the economic impact the Iran conflict is having across the travel sector.
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