US airfares expected to stay high even if Iran ceasefire drops oil prices, experts say
Domestic flights cost 26.5% more than last year, data shows, amid demand for travel and reduced oil refining capacityEven if a lasting ceasefire between the US and Iran lowers oil prices, travelers hoping to snag cheaper airfare should buckle their seatbelts and expect continued turbulence.US domestic airfares are 26.5% higher than a year ago, according to June’s consumer price index data, and analysts say prices globally are up 25-30% compared with 2025.
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- What's the story?
- Domestic flights cost 26.5% more than last year, data shows, amid demand for travel and reduced oil refining capacityEven if a lasting ceasefire between the US and Iran lowers oil prices, travelers hoping to snag cheaper airfare should buckle their seatbelts and expect continued turbulence.US domestic airfares are 26.5% higher than a year ago, according to June’s consumer price index data, and analysts say prices globally are up 25-30% compared with 2025.
- How widely is it covered?
- 1 outlet, average source rating 8.0/10.
- When was it last updated?
- 7m ago.
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US airfares expected to stay high even if Iran ceasefire drops oil prices, experts say
Sources1TypeCoverageThe Guardian US