According to a report from the Bureau of Transportation Statistics, the cost of jet fuel for US airlines reached $6.5 billion in April 2026. This increase in fuel costs is attributed to the ongoing closure of the Strait of Hormuz.
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US airline jet fuel costs increase 78% over the past year
The Bureau of Transportation Statistics reported that US airlines incurred $6.5 billion in jet fuel costs in April 2026, reflecting a 78% increase over the past year. The closure of the Strait of Hormuz is cited as a contributing factor to this rise in costs.
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Jet fuel costs soar 78% in past year as Strait of Hormuz remains shut
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US airline jet fuel costs increase 78% over the past year
