MTA Faces $95.6M Fuel Cost Increase Due to Iran War

• New York's Metropolitan Transportation Authority (MTA) expects to pay an additional $95.6 million for fuel this year.
• The increase is due to the war in Iran disrupting oil supplies and causing prices to soar.
• The MTA is the largest mass-transit provider in the US.
• The MTA is on track for an annual budget hole approaching $900 million by 2030 despite fare and fee hikes.
• The state comptroller reports that the MTA's bills are piling up faster than its revenues.