U.S. Postal Service seeks 8% fuel surcharge for package deliveries as Iran war raises oil prices
CNBC
Oil prices have jumped more than 40% since Feb. 28, when the U.S. and Israel attacked Iran.
The U.S. Postal Service on Wednesday said it is seeking to impose a temporary 8% fuel surcharge for package and express mail deliveries to deal with rising transportation costs, which include higher oil prices as a result of the Iran war.
If approved by the Postal Regulatory Commission, the surcharge would take effect April 26 and remain in place until Jan. 17, 2027, the Postal Service said in a notice on its website.
The 8% surcharge would apply to postage on Priority Mail Express, Priority Mail, USPS Ground Advantage, and Parcel Select products. First-class stamps and other mail services would not be affected.
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