Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Macro

Jet-Fuel Prices Are Spiking and Trump’s Advisers Are Worried

by Team Lumida
May 7, 2026
in Macro
Reading Time: 2 mins read
A A
0
gray airplane

Photo by Timothy Holmes on Unsplash

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp
  • Jet-fuel prices have surged 30% year-over-year, driven by the Strait of Hormuz crisis cutting off a major share of global petroleum supply.
  • Average domestic round-trip airfares hit $570 — up 21% — while Spirit Airlines has shut down entirely, leaving budget travelers with fewer options.
  • 63% of Americans in a new poll blame President Trump for rising gas prices, a red flag for Republicans heading into midterm elections.
  • White House economic advisers are privately alarmed, with some pushing for diplomatic off-ramps on the Iran conflict before fuel costs inflict broader economic damage.

What Happened?

Jet-fuel prices have spiked sharply as the Strait of Hormuz conflict drags on, squeezing airlines that depend on the corridor for a significant portion of global oil flows. The impact is cascading: major carriers have raised fares to offset costs, Spirit Airlines has ceased operations, and consumers are absorbing price shocks at the pump and the gate alike. A new national poll shows 63% of Americans holding Trump personally responsible for the gas-price surge.

Why It Matters?

Energy costs are a political tripwire. Rising fuel prices ripple through the entire economy — from airline tickets to food delivery to freight shipping — and they tend to register quickly with voters. The White House had counted on a swift resolution in the Hormuz standoff, but with no ceasefire in sight, the economic pain is becoming a serious liability. Trump advisers are worried that prolonged high energy prices could undermine the administration’s economic messaging ahead of the midterms.

What’s Next?

The administration faces growing pressure to either broker a diplomatic solution with Iran or pursue domestic energy production boosts to offset supply constraints. Airlines are bracing for a difficult summer travel season, and economists warn that sustained jet-fuel prices at current levels could tip several more carriers toward financial distress. Watch for any White House signals on Iran negotiations — or a potential strategic petroleum reserve release — as the political heat intensifies.

Source: The Wall Street Journal

Previous Post

U.S. and China Pursue Guardrails to Stop AI Rivalry From Spiraling Into Crisis

Next Post

Elon Musk Wanted Tesla to Take Over OpenAI, Romantic Partner Testifies in Court

Recommended For You

American Fuel Prices Are Reaching Kenya’s Foreign Exchange Reserves Through Its Diaspora

by Team Lumida
14 hours ago
American Fuel Prices Are Reaching Kenya’s Foreign Exchange Reserves Through Its Diaspora

Remittances may fall for the first time since 2009, with the US supplying 55% of them.

Read more

Republican PACs Lead $2 Billion to $1.2 Billion. Democrats Lead Almost Four to One in Small Donations

by Team Lumida
3 days ago
Republican PACs Lead $2 Billion to $1.2 Billion. Democrats Lead Almost Four to One in Small Donations

Operatives have pulled spending from Georgia and North Carolina, which is a harder signal than any poll.

Read more

Venezuela Must Clear Over $2 Billion of Arrears to Unlock Up to $2 Billion of New World Bank Lending

by Team Lumida
3 days ago
JPMorgan Sees Diesel Falling to $4.70 a Gallon Within 15 Days of an Export Ban, Then Reversing as Refiners Cut Runs

A $5 billion package against an estimated $170 billion of debt, negotiated with a government polling at 19%.

Read more

BNEF Raised Its 2030 Data Centre Power Forecast 52% in Ten Months, and Everything Is Being Built Against That Number

by Team Lumida
3 days ago
BNEF Raised Its 2030 Data Centre Power Forecast 52% in Ten Months, and Everything Is Being Built Against That Number

Record clean energy additions, net 53.5 gigawatts of new gas, and a US gas deficit by 2028.

Read more

Angola Budgeted $61 Oil and Got $87, Which Left It Needing $200 Million for the Rest of the Year

by Team Lumida
3 days ago
Angola Budgeted $61 Oil and Got $87, Which Left It Needing $200 Million for the Rest of the Year

It is weighing Panda bonds and sukuk, having already used Samurai bonds, to stop depending on dollar markets.

Read more

The IEA Will Finish a Release It Promised in March, and Crude Rose Anyway to $96.63

by Team Lumida
4 days ago
The IEA Will Finish a Release It Promised in March, and Crude Rose Anyway to $96.63

Europe declined to add more barrels. Washington wanted them, and did not formally ask.

Read more

Employer Health Costs Rise 8% Next Year Against 3% Income Growth, the Largest Increase Since 2003

by Team Lumida
5 days ago
Employer Health Costs Rise 8% Next Year Against 3% Income Growth, the Largest Increase Since 2003

ACA premiums climb 15% as healthier people drop coverage, which is how an insurance pool unravels.

Read more

The UAE Pumped a Record 5.3 Million Barrels a Day and Still Drained Its Inventories to an All-Time Low

by Team Lumida
5 days ago
The UAE Pumped a Record 5.3 Million Barrels a Day and Still Drained Its Inventories to an All-Time Low

Record output at near-maximum capacity with no stock cushion left means a producer with no remaining flexibility.

Read more

US Lifts Sanctions on Venezuela’s Top Lawmaker While the Opposition Leader Polling at 52% Sits Outside the Talks

by Team Lumida
5 days ago
JPMorgan Sees Diesel Falling to $4.70 a Gallon Within 15 Days of an Export Ban, Then Reversing as Refiners Cut Runs

American capital is being invited in by a government whose principal opponent has nearly three times its support and is excluded from the process.

Read more

US Treasury Yields Edge Lower Ahead of Critical CPI Release; 10Y at 5.195%; Expected Headline Inflation +3.6% YoY Will Arbitrate Fed’s No-Hikes-2027 Thesis

by Team Lumida
6 days ago
KKR Lifts Its 10-Year Treasury Call to 5.1% and Pushes the Fed Hold Out to Early 2029

US Treasury yields down 1-2 bps (10Y 5.195%, 30Y 5.549%, 2Y 4.772%) on relief rally ahead of Sept CPI release today. Market: cool CPI = Williams dovish signal...

Read more
Next Post
Elon Musk Reignites Legal Battle Against OpenAI and Sam Altman

Elon Musk Wanted Tesla to Take Over OpenAI, Romantic Partner Testifies in Court

Iran Is Running the 1980s Tanker War Playbook Again — This Time With Drones

US Waits on Iran's Response to Peace Deal as Israel Strikes Beirut

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

green and black plastic tool

Spotify’s New Social Features: A Game-Changer for Podcasters and Musicians

July 11, 2024
AstraZeneca to Invest $50 Billion in U.S. Manufacturing and R&D by 2030 Amid Tariff Threats

AstraZeneca to Invest $50 Billion in U.S. Manufacturing and R&D by 2030 Amid Tariff Threats

July 22, 2025
Reform UK Treasurer Nick Candy Meets Sanctioned Nicaraguan Officials; Metals Exploration Wins 60K-Hectare Mining Rights Days Later

Reform UK Treasurer Nick Candy Meets Sanctioned Nicaraguan Officials; Metals Exploration Wins 60K-Hectare Mining Rights Days Later

September 17, 2026

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Legacy
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Opinions
    • Investing Philosophy
    • Op-Ed
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Investing Philosophy
  • Latest
  • Legacy
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Op-Ed
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips Amazon Apple Artificial Intelligence Banking Bank of America Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Novo Nordisk Nuclear Energy Nvidia oil OpenAI private equity S&P 500 SEC stock market Tech Stocks tesla Trump Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018