The Guardian Australia – Business ·business ·1 hour ago

California jet fuel supply drops to lowest level since 2023 amid turmoil

California's jet fuel supply plummeted to 2.6 million barrels as of April 17, the lowest level since 2023, amid Middle East turmoil. Prices surged, averaging $4.19 per gallon, with Los Angeles airport prices nearing $15. Analysts warn of potential flight cancellations as airlines face increased operational costs due to the tight fuel supply.

Summary by Glance · The Guardian Australia – Business

Newer