economy
U.S. Postal Service seeks 8% fuel surcharge for package deliveries as Iran war raises oil prices
Oil prices have jumped more than 40% since Feb. 28, when the U.S. and Israel attacked Iran.
TL;DR
- U.S. Postal Service is proposing an 8% fuel surcharge for package and express mail.
- The surcharge aims to offset rising transportation costs due to higher oil prices linked to the Iran war.
- If approved by the Postal Regulatory Commission, it would be effective April 26 and last until January 17, 2027.
- The surcharge will apply to Priority Mail Express, Priority Mail, USPS Ground Advantage, and Parcel Select.
- First-Class stamps and other mail services will not be affected.
- Oil prices have increased by over 40% since February 28, following attacks on Iran by the U.S. and Israel.