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BUSINESSJul 8 · 02:15 UTCNY POSTAssociated Press

US airlines spent over $6B on monthly fuel in May amid Iran war — up 84% from year ago

U.S. airlines spent $6.66 billion on jet fuel in May 2026, an 84% increase from the same period in the previous year. The spending surge occurred amid the Iran war, which contributed to rising fuel costs.

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