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Keywords: Fuel Prices


US Airlines spend $1.8 billion more on fuel in March as prices surge

Major United States airlines experienced a sharp increase in operational costs in March, driven mainly by rising jet fuel prices. According to recent transportation data, carriers collectively spent just over $5 billion on fuel during the month, marking an increase of approximately 56% compared to February.......

Europe's EV sales surge as fuel prices spike on Middle East conflict

Electric vehicle registrations rose sharply across Western Europe in April 2026, with several countries recording record or near-record battery electric vehicle market shares as consumers increasingly turned away from combustion-engine cars amid fuel price surges driven by the ongoing conflict in the......

Some fuel stations in Morocco resist applying announced price cuts

Fuel prices in Morocco were revised downward recently, with diesel dropping to around 14.50 dirhams per liter and petrol falling to approximately 14.40 dirhams, reductions of roughly one dirham and 1.10 dirhams respectively. However, several fuel distribution companies have been slow to pass these cuts......

US sees no need for airline bailout amid rising fuel costs

The United States government does not currently see the need to provide financial assistance to airlines despite mounting pressure from rising fuel costs, according to Sean Duffy. Speaking at a press briefing, the transportation secretary stated that low-cost carriers requesting government relief still......

Le Pen calls for windfall tax on TotalEnergies if fuel price caps fall short

Marine Le Pen has suggested that a windfall tax on TotalEnergies could be introduced if current measures to limit fuel prices prove insufficient to protect consumers. Speaking during a public appearance in central France, the political leader emphasized that while the company’s decision to cap......

Fuel prices fall in Morocco after months of steady increases

Fuel prices in Morocco declined on May 1, marking the first drop after several months of continuous increases. Across multiple service stations, diesel prices fell by about one dirham per liter, while gasoline recorded a slightly larger decrease of around 1.10 dirhams. Average prices now stand near 14.50......

Ryanair CEO says Europe jet fuel shortage risk is easing

The risk of a jet fuel shortage in Europe is easing, according to Ryanair chief executive Michael O’Leary, who offered a more optimistic assessment of fuel supply conditions than earlier warnings circulating in the aviation sector. His comments come as the Middle East conflict continues to disrupt......

Ascend Airways collapses as Iran war drives aviation fuel crisis

British carrier Ascend Airways has entered liquidation as rising fuel costs linked to the war involving Iran intensify pressure across the global aviation industry. The collapse comes only three years after the airline launched operations and reflects growing financial strain on carriers facing surging......

Middle East War: “we have no more fiscal room for maneuver,” warns Pierre Moscovici

Former head of France’s Court of Auditors and current member of the European Court of Auditors, Pierre Moscovici, has warned that France has exhausted its fiscal flexibility amid rising energy prices linked to the ongoing Middle East conflict. In an interview, Moscovici stressed that the country......

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