Spirit Airlines could be in trouble as Iran war spikes fuel prices – CBS News Watch CBS News Sources tell CBS News that Spirit Airlines’ creditors are concerned about the company’s ability to stay afloat amid rising jet fuel prices due to the Iran war. CBS News’ Kris Van Cleave reports. Source link
NEWYou can now listen to Fox News articles! Jet fuel prices in the U.S. have more than doubled in a matter of weeks as Middle East tensions squeeze supply, fueling concerns airlines could run short of fuel. Prices jumped from about $2.17 to $4.57 per gallon by March 27, according to the Argus U.S. Jet … Read more
NEWYou can now listen to Fox News articles! FIRST ON FOX: A group of House Republicans is urging the Trump administration to choke off Russia’s profits from one of its largest energy companies as global oil prices spike. It comes as the U.S. and Israel’s conflict with Iran, one of Russia’s closest allies on the … Read more