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Airline Shares Battered, Airfares Surge as Iran War Pushes Oil Above $100

Airline shares dropped up to 8.6% as jet fuel prices doubled, forcing costly reroutes and tripling fares on routes like Seoul-London, data shows.

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HONG KONG/FRANKFURT >> Airline stocks were hammered today, while airfares soared as the U.S.-Israeli war on Iran sent oil prices surging, sparking fears of a deep travel slump and the potential for the widespread grounding of planes.

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Airline shares battered, airfares surge as Iran war pushes oil above $100

·United Kingdom
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  • 43% of the sources lean Left, 43% of the sources are Center
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Insurance Journal broke the news in on Monday, March 9, 2026.
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