U.S. airlines could save more than $40 billion on jet fuel after the Iran ceasefire sent oil and fuel prices sharply lower.

A U.S.-Iran peace deal has lowered oil prices, promising billions in fuel savings for airlines. However, passengers may not see immediate fare reductions due to limited flight…

Airlines could save billions on jet fuel costs thanks to a temporary peace agreement between the U.S. and Iran that has driven down oil prices. However,...