New fees, fewer flights: Higher fuel prices pinch consumer budgets beyond the gas pump

As the U.S.-Iran war enters its fifth week, consumers are facing economic consequences that impact everything from travel planning to mail delivery.

Companies and other organizations are increasingly preparing for an environment in which the conflict — and subsequent jolt to crude prices — evolves from an unexpected shock into a long-term challenge. As corporate policies change, Americans will feel it in their wallets beyond the gas pump.

Many companies tie these adjustments to surging oil prices, with the blockage of the key Strait of Hormuz passageway depressing supply. Prices on the May contract for — a global benchmark for oil prices — have surged more than 55% in March, on track for their biggest monthly gain on record going back to 1998. are up slightly less, logging a 49% increase month to date.