Jet-Fuel Prices Are Spiking and Trump's Advisers Are Worried [View all]
The Wall Street Journal
@wsj.com
Exclusive: The airline industry is warning the Trump administration about the economic impact of high jet-fuel prices, saying the Iran war needs to end soon.
Jet-Fuel Prices Are Spiking and Trumps Advisers Are Worried
Administration officials have spoken to the airline industry, which has voiced concerns about the rising costs.
on.wsj.com
9:14 PM · May 6, 2026
Exclusive: The airline industry is warning the Trump administration about the economic impact of high jet-fuel prices, saying the Iran war needs to end soon.
— The Wall Street Journal (@wsj.com) 2026-05-07T01:14:26.986189Z
Exclusive Policy
Jet-Fuel Prices Are Spiking and Trumps Advisers Are Worried
Administration officials have spoken to the airline industry, which has voiced concerns about the rising costs
By
Brian Schwartz and
Alison Sider
May 6, 2026 9:00 pm ET

President Trump has taken steps to bring an end to the Iran war, a conflict that has triggered a sharp increase in the price of jet fuel. Shawn Thew/EPA/Shutterstock
Former New Hampshire Gov. Chris Sununu delivered a warning to Treasury Secretary Scott Bessent during a recent visit to Washington: Already-high airfares will surge if the war in Iran doesnt end soon.
Sununu, a Republican who represents some of the biggest airlines as the president of the industry group Airlines for America, has for weeks sounded the alarm to Trump administration officials about the economic fallout from high jet-fuel prices. The war, Sununu has argued, must come to a close soon, or things will get worse.
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