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Home»Business»Amazon provides vendor surcharge as oil spike from Iran tensions drives logistics prices larger
Business

Amazon provides vendor surcharge as oil spike from Iran tensions drives logistics prices larger

EditorBy EditorApril 5, 2026No Comments3 Mins Read
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Evercore ISI Senior Managing Director Mark Mahaney explains why he’s bullish on AI and examines Amazon and Google shares on ‘Varney & Co.’

Amazon will impose new charges later this month on third-party sellers as rising oil costs tied to the continued conflict with Iran ripple by way of the U.S. financial system, a shift that would finally push prices onto shoppers.

The corporate stated it should start charging a 3.5% “gas and logistics-related surcharge” on sellers who use its achievement companies beginning April 17 within the U.S. and Canada, citing larger transportation and transport bills.

The transfer follows a pointy rise in oil costs, that are growing prices throughout international provide chains. West Texas Intermediate crude topped $111 on Friday, whereas international benchmark Brent crude was round $109 per barrel, as buyers assessed how lengthy the battle might disrupt shipments by way of the Strait of Hormuz – a crucial international oil chokepoint.

CONGRESSIONAL REPORT DETAILS HOW CHINA BUYS SANCTIONED OIL FROM IRAN, RUSSIA AND VENEZUELA

A employee close to packages in an Amazon supply car in San Francisco, California, on Monday, Feb. 2, 2026. (David Paul Morris/Bloomberg by way of Getty Photographs)

Amazon advised FOX Enterprise that the surcharge is designed to offset “elevated prices in gas and logistics.” The corporate famous it had absorbed these will increase till now however is aligning with a broader business shift towards passing by way of larger bills.

AMAZON AND DELTA PARTNER TO LAUNCH FASTER IN-FLIGHT WI-FI

Exterior view showing the Amazon logo mounted on the building housing the company’s German headquarters in Munich.

The Amazon emblem is displayed on the façade of Amazon Germany’s headquarters in Parkstadt Schwabing, Munich, Bavaria, on Jan. 27, 2026. (Matthias Balk/image alliance by way of Getty Photographs)

The change provides stress on roughly 2 million third-party sellers that make up a good portion of Amazon’s market. Many depend on Success by Amazon (FBA) – the corporate’s logistics community that handles storage, packing and transport – which means the brand new charge instantly impacts their working prices.

On common, the surcharge will whole about 17 cents per unit, although precise prices fluctuate primarily based on product measurement and weight, in accordance with stories. Whereas comparatively modest per merchandise, the added expense can scale shortly for high-volume sellers, who could cross these will increase on to shoppers.

AMAZON LAUNCHES 1-HOUR AND 3-HOUR DELIVERY OPTIONS WITH NEW TIERED PRICING STRUCTURE FOR CUSTOMERS

Iranian flag flies above oil refinery

An Iranian nationwide flag flies on the Persian Gulf Star Co. (PGSPC) gasoline condensate refinery in Bandar Abbas, Iran. (Ali Mohammadi/Bloomberg by way of Getty Photographs)

Amazon stated the surcharge stays “meaningfully decrease” than comparable charges charged by main carriers, however the transfer highlights how rising power prices are cascading by way of the broader financial system.

CLICK HERE TO GET FOX BUSINESS ON THE GO

Transport suppliers together with UPS, FedEx and the U.S. Postal Service have additionally applied or introduced gas surcharges in current weeks, signaling mounting pressure throughout logistics networks as gas costs climb.

Amazon shares are up 17.5% over the previous yr and are down 9.1% yr so far.

Ticker Safety Final Change Change %
AMZN AMAZON.COM INC. 209.77 -0.80 -0.38%
UPS UNITED PARCEL SERVICE INC. 98.18 +0.27 +0.28%
FDX FEDEX CORP. 361.63 +2.32 +0.65%

Reuters contributed to this report. 

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