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Airlines are facing higher costs, and one airport group in Europe has warned of the risk of a "systemic jet fuel shortage" if traffic through the Strait of Hormuz doesn't normalize by the end of this month.
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World shares mostly higher after Wall Street hits record and oil rises AP NewsStocks back to record-setting ways on Middle East truce hopes ReutersJapan's Nikkei 225 hits record high as hopes for U.S.-Iran deal fuel broader rally in Asia stocks CNBCAsian Stocks Advance on U.S.-Iran Deal Hopes WSJ
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Higher inflation is leading companies to raise prices without sacrificing margins.
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Polyester-heavy retailers could soon start to feel the cost of their exposure to higher oil prices
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