Rising fuel prices impact US summer travel plans
pre-market1 source ↓written by the desknot a recommendation
- travelers are expected
- 39.1 million
Americans are facing sharp increases in fuel costs as tensions in Iran disrupt global oil supplies. Retail gasoline prices have surged by over $1.50 per gallon since late February. Despite this, 39.1 million travelers are expected to hit the roads this Memorial Day weekend, indicating strong demand for travel despite rising costs.
Not investment advice. For informational purposes only.