Flight Prices Likely to Stay High Despite US Peace Deal With Iran

Flight Prices Likely to Stay High Despite US Peace Deal With Iran

Flyers hoping for cheaper flights this summer may be disappointed. Oil prices — airlines’ second-largest expense after labor — have tumbled below $80 a barrel from highs above $100 after the US and Iran announced a preliminary agreement to end the nearly four-month war that closed the Strait of Hormuz, a vital artery for global … Read more