09:50 AM EST, 03/06/2026 (MT Newswires) -- United Airlines (UAL) anticipates a "meaningful" impact to its Q1 financial results from surging fuel prices due to the Iran war, CNBC reported Friday, citing Chief Executive Scott Kirby.

Aviation fuel costs have risen 58% since last week, the report said, citing the Argus US Jet Fuel Index.

Kirby said the higher fuel costs will likely lead to higher airfares and could also drag on Q2 results if the trend continues as United does not use futures contracts to fix fuel rates, according to the media outlet.

The company is negotiating with the Trump administration regarding possible charter services to extract US citizens from the Middle East, though arrangements have not been made, CNBC said.

United Airlines and the Trump administration did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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