US Energy Secretary Chris Wright stated that gasoline prices have likely peaked and could return to pre-war levels of around $3 per gallon by year-end or next year, as prices currently stand at approximately $4.04 per gallon following the outbreak of Middle East conflict in late February.
#YonhapInfomax #GasolinePrices #EnergySecretary #ChrisWright #MiddleEastConflict #FuelCosts #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=116403
US Energy Secretary Says Gasoline Prices Have Peaked, Expected to Fall by Year-End or Next Year

US Energy Secretary Chris Wright stated that gasoline prices have likely peaked and could return to pre-war levels of around $3 per gallon by year-end or next year, as prices currently stand at approximately $4.04 per gallon following the outbreak of Middle East conflict in late February.

Yonhap Infomax
Two major Canadian grocers push back against new fuel surcharges from food suppliers
Loblaw and Sobeys say they're pushing back against food suppliers who have notified them about adding fuel surcharges on grocery shipments.The Globe and Mail and CBC News obtained notices sent by Sunrise Farms, CTS Foods, Maple Leaf, and Tree of Life — four of Canada's major food suppliers — alerting their grocery clients o...
https://www.blogto.com/eat_drink/2026/04/two-major-canadian-grocers-fuel-surcharges/
Air Canada suspends flights from Toronto to JFK over soaring fuel costs
Air Canada is suspending a key route between Toronto and New York City this summer as global fuel costs continue to surge amid the U.S.-Israel conflict with Iran. The airline announced that it will be temporarily suspending its service from Toronto to New York's John F. Kennedy (JFK) International Airport starting June 1, with service expecte...
https://www.blogto.com/travel/2026/04/air-canada-suspends-flights-toronto-jfk/
Should you book flights now or wait? What rising fuel costs mean for airfares
While war in the Middle East stretches past the six-week mark and fuel prices have more than doubled, costs are starting to be passed onto consumers. One industry seeing the swift impacts of this is about to hit peak season: air travel.
https://www.cbc.ca/news/business/airfares-fuel-prices-iran-war-faq-9.7164934?cmp=rss
... general strike. A general strike in protest against the national minimum wage and amendments to the labour law. Picture: (StopLabourBills ‏ via ...#Wagedemands #MiddleEastwar #Labourunions #Fuelcosts #Transportcosts #above-inflationwageincreases #labourunionstrikes #minimumwage
Rising costs set stage for tough wage talks
Rising costs set stage for tough wage talks

Cosatu warns real wages may fall as fuel shocks lift inflation and strain negotiations

Business Day

Virgin Australia Signals Higher Fares, Reduced Flights Amidst Cost Surge

Virgin Australia plans to increase airfares and reduce flights because fuel costs are going up by AUD $40 million. This affects travellers planning trips.

#VirginAustralia, #AirfareIncrease, #FlightCuts, #FuelCosts, #AviationNews

https://newsletter.tf/virgin-australia-raises-fares-cuts-flights-fuel-costs/

Virgin Australia's fuel costs are expected to rise by AUD $40 million, a significant increase that will likely lead to higher ticket prices for passengers.

#VirginAustralia, #AirfareIncrease, #FlightCuts, #FuelCosts, #AviationNews
https://newsletter.tf/virgin-australia-raises-fares-cuts-flights-fuel-costs/

Virgin Australia to Raise Ticket Prices and Cut Flights Due to Higher Fuel Costs

Virgin Australia plans to increase airfares and reduce flights because fuel costs are going up by AUD $40 million. This affects travellers planning trips.

NewsletterTF
⛽️ Everyone has an opinion about gas prices… but very few people actually understand what sets them.
The answer isn’t what most people think 👀
👉🏿 https://tinyurl.com/5n7bcern
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