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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These Cruise Line Stocks Are Falling Amid War-Driven Volatility
Key PointsThe stocks of cruise lines will continue to suffer as long as fuel prices remain elevated.Brent crude is $27 higher per barrel than before the war started, and uncertainty abounds.10 stocks we like better than Carnival Corp. › Last week, I wrote about how the war in the Middle East is hitting airline stocks hard, as it has pushed the price of jet fuel significantly higher while depressing demand for air travel. But there's another grou…
Airline stocks tumble, airfares surge as Iran war pushes oil above $100 | Honolulu Star-Advertiser
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.
Global airline shares battered, airfares surge as Iran war pushes oil above $100
Airline stocks were hammered while airfares soared as the US-Israeli war with Iran sent oil prices surging, sparking fears of a deep travel slump and the widespread grounding of planes.
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