Memorial Day gas prices are the highest they've been in years as Trump says he's close to a deal with Iran

Tech Insider : Travel, Economy, Business
Gas Prices in the US over Memorial Day weekend.
Gas prices are at a four-year high in the US this Memorial Day.

Bloomberg/Bloomberg via Getty Images

Airlines are absorbing up to 50% of surging jet fuel costs. Alaska is still betting on premium international flights

Tech Insider : Business, Economy, Travel
An Alaska Airlines plane lands at Hollywood Burbank Airport on April 20, 2026 in Burbank, California
An Alaska Airlines executive said most carriers are absorbing up to 50% of increased jet fuel costs.

Justin Sullivan/Getty Images

More airlines could follow Spirit into bankruptcy due to the Iran war fuel crisis, Ryanair exec says

Tech Insider : Business
Spirit Airlines planes sit parked at the Phoenix Goodyear Airport on May 8, 2026 in Goodyear, Arizona. The budget airline ceased all operations on May 2, 2026.
Spirit Airlines ceased operations earlier this month, citing increasing fuel prices.

Rebecca Noble/Getty Images

Oil shortages are even hitting colored snack bags

Tech Insider : Business, Economy
Calbee potato chip packaging: top row colorful original pacaging, bottom row black and white.
Japanese snackmaker Calbee is simplifying packaging as a naphtha supply squeeze hits printing ink.

Calbee

The most scenic road to drive in every state

Tech Insider : Travel, Travel, Business
Highway 1
Despite soaring US gas prices, road trips can still offer a more affordable alternative to flying.

FloridaStock / Shutterstock

Trump says he is reviewing Iran's latest plan for peace, but 'can't imagine it would be acceptable'

Tech Insider : Politics, Business, Economy
President Donald Trump speaks into a curved, black microphone.
President Donald Trump.

Chris Jackson/Getty Images

The surging price of jet fuel is hurting US airlines. Here's how much it has cost them so far.

Tech Insider : Business
A worker fuels a United Airlines plane at Salt Lake City International Airport on April 09, 2026 in Salt Lake City, Utah.
Jet fuel prices have risen more quickly than broader oil prices since the start of the Iran war.

Justin Sullivan/Getty Images

From bags to coffee imports, how American small business owners are feeling the effects of higher fuel costs

Tech Insider : Economy, Business
composite image
Caleb Nicholes (left), Kim Vaccarella (center), and Richard Trent (right) shared the effects of fuel costs.

Wonderstate Coffee; Bogg; MSA

Oil surges past $100 a barrel after US-Iran peace talks fail and Trump threatens to blockade the Strait of Hormuz

Tech Insider : Economy, Business, Style
Oil pump jack
Oil prices jumped after markets reopened on Sunday evening.

CESAR MANSO / AFP

IMF director says shock from US-Iran War is already 'baked' into the economy

Tech Insider : Politics, Economy, Business
A plume of smoke rises above Tehran after a strike on March 3.
A plume of smoke rises after a strike on Tehran on March 3. The US and Israeli war on Iran has upended the global economy.

ATTA KENARE / AFP

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