Middle East Airspace Shut
Digest more
Amid escalating tensions in the Middle East, airlines face disruptions and safety concerns, with flight cancellations and costly detours due to regional conflicts. Israeli attacks on Iran have intensified the situation,
Airlines fell on the prospect of higher fuel costs. Southwest Airlines (NYSE:LUV) slid about 3%, United Airlines (UAL) dropped about 2% and American Airlines (NASDAQ:AAL) fell about 1%. The strikes hit Iranian military and nuclear sites,