End of an Era: Spirit Airlines Grounds Itself Amid Fuel Crisis
U.S. budget airline Spirit ceases operations after 34 years, citing soaring fuel costs, signaling broader challenges for low-cost carriers worldwide.
Fuel Costs
Trump’s Jones Act Waiver: A Bid to Tame Soaring Fuel Prices in 2026
President Trump suspends the Jones Act to address soaring fuel prices amid Middle East tensions, but experts question its long-term impact on energy markets.
China Announces Gasoline, Diesel Price Hike Effective Tuesday
China raises gasoline and diesel prices starting March 10, 2026, citing global oil market trends. NDRC directs oil firms to ensure supply stability amid Middle East developments.